Gokaldas Exports profit declines 6% y-o-y to 44.3 crore in Q4 FY24
Consolidated total income was at 818.0 crore27-05-2024
27-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Gokaldas Exports Ltd.
Textiles company Gokaldas Exports announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: The Company reported a consolidated revenue of Rs 818.0 crore for the quarter compared to Rs 530.1 crore in the same quarter last year Consolidated profit after tax of Rs 44.3 crore compared to Rs 47.2 crore in the previous year Q4FY23. FY24 Financial Highlights: The Company reported a consolidated revenue of Rs 2,409 crore for FY24 Consolidated profit after tax of Rs 131 crore compared to Rs 173 crore in the previous year FY23. Commenting on the company’s fourth quarter, Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports said, “Our performance on a like-to-like basis, i.e. financial results excluding the recently acquired entities, reflects a strong performance. We overcame pricing pressure, one-time acquisition cost, increased statutory minimum wages and one-time startup cost at our new unit to deliver a strong EBITDA. The acquisition of the two companies and capacity addition aligns with our aim to integrate, diversify, and grow, while focusing on improving margins. We firmly believe that the strategic intent behind the recent acquisitions will provide a solid foundation for margin growth. Both Atraco and Matrix have distinct advantages that complements well to the existing business. We are confident in productivity improvements resulting from geographic diversification, access to new customers, integrating existing customers, leveraging duty arbitrage, and strategic positioning.” Result PDF27-05-2024
GOKALDAS EXPORTS LTD. - 532630 - Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Grant Of Stock Options
The Nomination and Remuneration Committee has granted 5,20,000 options under GEL Employee Stock Option Plan 2022 to the eligible employees.26-05-2024
GOKALDAS EXPORTS LTD. - 532630 - Audited Financial Results For The Quarter And Year Ended March 31, 2024
Audited Financial results for the quarter and year ended March 31, 202426-05-2024
GOKALDAS EXPORTS LTD. - 532630 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board meeting held on Sunday, May 26, 2024.26-05-2024
GOKALDAS EXPORTS LTD. - 532630 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Invitation for Q4 FY 2024 financial results investors conference call to be held on Tuesday, May 28, 2024 at 11.30 AM IST23-05-2024
GOKALDAS EXPORTS LTD. - 532630 - Board Meeting Intimation for Considering The Audited Financial Results For The Quarter And Year Ended March 31, 2024.
GOKALDAS EXPORTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2024 ,inter alia, to consider and approve the Audited financial results for the quarter and year ended March 31, 202420-05-2024
GOKALDAS EXPORTS LTD. - 532630 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The Nomination and Remuneration Committee has allotted 50,000 Equity shares of Rs. 5 each under the Gokaldas Exports Employee Restricted Stock Unit Plan 2018.10-05-2024
GOKALDAS EXPORTS LTD. - 532630 - Announcement under Regulation 30 (LODR)-Credit Rating
ICRA Ratings has reaffirmed the ratings and removed previously assigned Rating Watch with Developing implications on the ratings of the Company and assigned Stable Outlook.03-05-2024