Gokaldas Exports Posts 7 Per Cent Q2 Growth Despite Headwinds

13 Nov 2025 CW Team

Gokaldas Exports reported consolidated total income of Rs 10.03 billion in Q2 FY26, marking a 7 per cent year-on-year increase despite continued pressure from US tariff sharing and uncertainty around the African Growth and Opportunity Act (AGOA). India operations delivered a robust 14 per cent rise in revenue even as national apparel exports declined by 2 per cent, while Africa operations saw a 23 per cent drop due to delayed order placements linked to AGOA rollover concerns.

The company posted EBITDA of Rs 840 million, maintaining flat year-on-year performance as prudent cost control and productivity gains helped offset external challenges.

Key Consolidated Highlights (Q2FY26)

Total income: Rs 10.03 billion, up 7 per cent YoY

EBITDA: Rs 840 million, flat YoY

EBITDA margin: 8.3 per cent vs 12.1 per cent in Q1FY26

PAT: Rs 80 million, down 71 per cent YoY

For H1 FY26, total income stood at Rs 19.80 billion, up 5 per cent, while EBITDA reached Rs 1.66 billion, representing a 15 per cent increase.

Commenting on the results, Mr Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director, said:

“Our Q2 performance was modest, impacted by low volumes in Africa due to AGOA rollover uncertainty, while India operations remained strong. EBITDA margins remained flat year-on-year due to operating deleverage in Africa, US tariff impact, and start-up costs for new units. Despite these challenges, we see a strong order book building in both India and Africa, depending on the possible reinstatement of AGOA.”

Gokaldas Exports remains cautiously optimistic, backed by a healthy order pipeline and stabilising market conditions across key geographies.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..