Gokaldas Exports has reported its consolidated financial results for the first quarter of FY ’26, registering a solid year-on-year (YoY) growth across key metrics, even as quarter-on-quarter (QoQ) performance reflected some moderation.
The company’s total income stood at Rs. 977 crore (US $ 111 million) in Q1 FY ’26, marking a 4% increase compared to Rs. 940 crore (US $ 107 million) in Q1 FY ’25. However, this represents a 6% sequential decline from Rs. 1,035 crore (US $ 117 million) reported in Q4 FY ’25.
EBITDA rose sharply by 44% YoY to Rs. 119 crore (US $ 13.55 million) from Rs. 83 crore (US $ 9.45 million) in the same quarter last year. On a sequential basis, however, EBITDA saw a 16% drop from Rs. 142 crore (US $ 16.17 million) reported in Q4 FY ’25. The EBITDA margin improved significantly, expanding by 336 basis points YoY to 12.1%, although it contracted by 158 basis points from the previous quarter’s 13.7%.
Profit Before Tax (PBT) surged 57% YoY to Rs. 57 crore (US $ 6.49 million), up from Rs. 36 crore (US $ 41 million) in Q1 FY ’25, but declined 28% QoQ from Rs. 79 crore (US $ 8.99 million) in Q4 FY ’25. Similarly, Profit After Tax (PAT) came in at Rs. 41 crore (US $ 4.66 million), reflecting a robust 53% growth over Rs. 27 crore (US $ 3.07 million) a year ago, but a 22% drop compared to Rs. 53 crore (US $ 6.03 million) in the preceding quarter.
Commenting on the company’s first-quarter performance, Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports, noted that the company delivered healthy growth in profit after tax (PAT) and improved EBITDA margins on a year-on-year basis, driven by productivity gains and strong cost management initiatives. He added that while overall total income saw moderate growth due to tariff-related impacts during the period, income excluding contributions from the acquired entities registered a 20% year-on-year increase.
