Textiles company Gokaldas Exports announced Q1FY25 results: The Company reported a consolidated revenue of Rs 939.7 crore for the quarter compared to Rs 522.2 crore in the same quarter last year. Consolidated profit after tax of Rs 27.2 crore compared to Rs 32.6 crore in the previous year Q1FY24. Commenting on the company's first quarter, Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports said, "We were able to sustain the revenue growth momentum during the quarter but missed on profitability front. The company witnessed several headwinds starting from a disruption of our production in a majority of our factories in April and May leading to delays in shipment incurring extra costs in overtime and airfreight, huge ramp up of employees in anticipation of volume growth in the second half of the year, slower ramp up of our new units, and continuing airfreight costs at Atraco. Some of these impacts will be offset in the quarters ahead. We are making good progress towards integrating the operations of our newly acquired entities to secure better operating leverage. Our strategic investment in BTPL, a fabrics processing unit, allows us to derive utmost benefit through vertical integration into critical raw materials, adding an edge in terms of speed, quality, and cost". Result PDF