Home Press Release Gokaldas Exports’ delivers a sustainable performance in Q1 FY24

Gokaldas Exports’ delivers a sustainable performance in Q1 FY24

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Gokaldas Exports’ delivers a sustainable performance in Q1 FY24

Gokaldas Exports Limited today declared its financial results for the quarter ended June 30, 2023. The Company reported a consolidated revenue of ₹ 522.2 Crore for the quarter compared to ₹ 612.7 Crore in the same quarter last year and a consolidated net profit of ₹ 32.6 Crore compared to ₹ 39.4 Crore for the same quarter last year.

Commenting on the company’s first-quarter performance, Mr. Siva Ganapathi, Vice Chairman and Managing Director, Gokaldas Exports said, “Our performance endorses the belief in our ability to sustain continuedoperating performance gains in a sluggish macro-economic environment. While we continue to take measures focusing on customer relationships and service excellence, we are optimistic about revival of the business in H2 and are bullish on the long-term prospects of the company.”

The company will continue to focus on strengthening customer relationships, optimal resource utilization and drive operational excellence in the coming quarters.

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