Gokaldas Exports 3QFY25 PAT jumps 65%, total income crosses ₹1001 cr

Gokaldas Exports has reported a consolidated total income of ₹1001 crore compared to ₹560 crore for the quarter ended December 31, 2024.

The company reported a consolidated profit after tax of ₹50 crore compared 30 crore in the previous year 3QFY24.

The jump in both top line and bottom line at Gokaldas Exports indicates the consolidated entity turning a corner after its twin acquisitions of Atraco, and Matrix in FY24, the company said in a press statement.

Commenting on the company’s third quarter, Mr. Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports said, “In 3QFY25 Gokaldas Exports has reported significant jumps in our reported total income, PAT and EBITDA. We have crossed the ₹1000 crore total income milestone for the first time in the quarter. EBITDA margins improved sequentially, indicating a healthy performance. We expect business volume to pick up in both the acquired entities in upcoming quarters with sustained stable performance of the company going forward.”

The EBITDA margin for the company stood at 11.9% for Q3FY25 and was at 11% for Q2Fy25.

The company’s shares closed 2.07% down at ₹955.55 at BSE.