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Mr. Siva Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports
| Photo Credit: The Hindu
The reciprocal tariff imposed by the U.S. posed a formidable challenge at it would induce business volatility and margin pressure, however, the implementation of India-U.K. FTA was likely open newer market opportunities, said Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director, Gokaldas Exports.
‘’As we step into FY26, the reciprocal tariff imposed by the US poses a formidable challenge by inducing business volatility and margin pressure. The recently concluded India-U.K. FTA, however, presents an opportunity as and when it is implemented,’‘ he said as part of his market commentary at the company’s fourth quarter earnings on Thursday (May 22, 2025).
Gokaldas Exports, a firm that manufactures and exports apparel to various brands in over 50 countries, has registered a total income growth of 27% and 84% growth in profit before tax on a YoY basis during the fourth quarter of FY25.
In Q4, the company reported a consolidated total income of ₹ 1,035 crore and a consolidated profit before tax of ₹79 crore. Its EBITDA margins improved by 272 bps on a YoY basis during the quarter, supported by productivity gains and robust cost management efforts, the export house said.
Gokaldas Exports total income for the full year touched ₹3917 crore, the highest in its history, and a consolidated profit before tax of ₹218 crore. The company’s full-year total income and profit before tax registered a growth of 63% and 37%, respectively.
Meanwhile, Bengaluru-based Page Industries, has posted Q4 net income of ₹1,64 crore, which was a growth of 51.6% year-on-year while revenue was ₹1098.1 crore, a 10.6% year-on-year growth. For the full year, it posted a 28.1% increase in net profit to ₹7,29.1 crore on and revenue for the year grew 8% to ₹49,34.9 crore. FY25 saw its sales volumes growing to 219.6 million pieces, a 5.5% increase.
V.S. Ganesh, MD, Page Industries Ltd said, “FY’25 was characterised by rapid shifts in economic, geopolitical and technological tailwinds, compelling the company to remain further agile and responsive.’‘
While inflationary pressures constrained consumer spending, particularly in the first half of the year, the company’s ability to adapt was very evident in the overall strong performance, especially of its e-commerce channels, he commented.
The growth and a healthy operating margin was further supported by stable fabric prices and optimised overheads, Mr. Ganesh added.
Published – May 23, 2025 04:20 pm IST
