City-based Gokaldas Exports Limited reported a consolidated net profit of ₹40.6 crore in the December-ended quarter, up by 34.8% compared to ₹30.1 crores in the corresponding quarter a year ago.

In the third quarter, the company posted consolidated revenues of ₹528.1 crore, a slight 0.8% improvement compared to ₹524.1 crore in the same period a year ago.

Siva Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports, said, “The third quarter performance demonstrates our continued strength and resilience while the industry is encountering a challenging global macro-economic environment. We are optimistic about the future outlook for the industry.”