After turnaround, Gokaldas shifts gear, beefs up board with 3 Ind directors

Gokaldas Exports, one of India’s top garment exporters, announced on Thursday key changes to its board composition that included naming managing director Siva Ganapathi also as executive vice chairman, as the company pursues ambitious growth plans under a professionals-led management. The Bengaluru-based listed company has scripted a major turnaround since March 2017, when Clear Wealth […]

Highly-anticipated Phase I of the MP facility marks a new chapter for Gokaldas Exports

India’s leading apparel exporter Gokaldas Exports’ first-ever factory in Madhya Pradesh was recently inaugurated by the state Chief Minister Shivraj Singh Chauhan and the management of the company believes that the inauguration of the highly-anticipated Phase I of the MP facility marks a new chapter for the company. The company has a huge focus on […]

Bhopal’s massive new garment factory–450 women employees, 5,000 jobs

In the vast factory floor at Acharpura in Bhopal, more than 450 women are learning to measure out and stitch garments destined for export to other countries. Each and every one of them has crossed the threshold from their house to the workplace for the first time. The whirring and clicking of the sewing machines […]

Gokaldas Exports reports 34.8% growth in Q3 net profit

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 […]

Gokaldas Exports gets fourth independent director, completes board revamp

Bengaluru-based apparel exporter Gokaldas Exports on Thursday announced its board restructuring by inducting designer Pavitra Rajaram as its fourth independent director. This is in addition to the three independent directors the company inducted in October last year. The restructuring is part of the company’s strategy of focusing on the next phase of growth, the listed […]

Gokaldas Export Standalone March 2023 Net Sales at Rs 522.95 crore, down 10.55% Y-o-Y

Net Sales at Rs 522.95 crore in March 2023 down 10.55% from Rs. 584.62 crore in March 2022. Quarterly Net Profit at Rs. 49.28 crore in March 2023 down 18.9% from Rs. 60.76 crore in March 2022. EBITDA stands at Rs. 78.80 crore in March 2023 down 0.38% from Rs. 79.10 crore in March 2022. […]

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