Apparels & Accessories company Go Fashion (India) announced Q2FY26 results Total Revenue stood at Rs 224.2 crore, reflecting a 7% YoY growth compared to Rs 208.5 crore in Q2FY25. Gross Profit increased by 7% YoY to Rs 140.3 crore, up from Rs 131.5 crore in Q2FY25. Gross Profit Margin slightly declined to 62.6%, compared to 63.1% in Q2FY25. EBITDA grew 5% YoY to Rs 66.6 crore, compared to Rs 63.6 crore in Q2FY25. EBITDA Margin declined marginally to 29.7%, versus 30.5% in Q2FY25. PAT (Profit After Tax) rose 6% YoY to Rs 21.8 crore, up from Rs 20.6 crore in Q2FY25. Gautam Saraogi, CEO, Go Fashion (India) said, “During Q2FY26 Revenue stood at Rs 224 crores a growth of 7%. EBITDA stood at Rs 67 crores and witnessed a growth of 5%. PAT stood at Rs 22 crores and witnessed a growth of 6%. We are seeing encouraging signs of recovery, which have extended well into the festive season. The response during the festive period has been positive across key markets, reflecting an improvement in consumer sentiment. The GST cuts aimed at stimulating consumption are also supporting a broader revival in demand. We are currently working on refreshing our product portfolio with new bottom wear styles and category extensions that align with the evolving preferences of our customers. Several exciting product launches are planned over H2FY26 which is expected to further enhance the freshness, appeal, and relevance of our collections. We also continue to maintain a strong and efficient balance sheet, with inventory levels at 99 days and a clear focus on sustaining a healthy cash conversion, targeting around 50% OCF-to-EBITDA. Our new initiatives, including our international foray and our new daily concept store are witnessing encouraging early traction, and we are excited to see how these unfold over the coming quarters. During the first half of FY26, we added 36 new stores on a net basis, taking our total store count to 812. We followed a selective and measured approach to expansion, focusing on high-potential locations aligned with evolving demand trends. While the pace of expansion in H1 was moderated, we expect H2 to remain measured as well. In FY26, we plan to open around 80 to 90 stores on a net basis. Our approach to store expansion remains disciplined—prioritizing profitability, catchment quality, and brand salience. Our strategy continues to center around positioning Go Fashion as the one-stop destination for women’s bottom-wear—catering to a wide spectrum of age groups and style preferences, from everyday essentials to occasion wear.” Result PDF
Apparels & Accessories company Go Fashion (India) announced Q1FY26 results Total Revenue: Rs 222.8 crore compared to Rs 220.1 crore during Q1FY25, change 1%. Gross Profit: Rs 140.3 crore compared to Rs 136.0 crore during Q1FY25, change 3%. EBITDA: Rs 68.7 crore compared to Rs 72.1 crore during Q1FY25, change -5%. EBITDA Margin: 30.8% for Q1FY26. PAT: Rs 22.3 crore compared to Rs 28.7 crore during Q1FY25, change -22%. Gautam Saraogi, CEO, Go Fashion (India), said: “In Q1FY26, we reported revenues of Rs 223 crore, broadly stable on a YoY basis. The quarter witnessed some temporary headwinds in our LFS channel at a few key partner stores and supply chain disruptions arising from the Bangladesh route blockade. Despite this, we are encouraged by a strong recovery in the latter part of the quarter, particularly during the EOSS, which reflects improving consumer traction across our retail network. We continue to see improvement in our gross margins which stood at 63% driven by further easing of raw material costs and a favorable product mix. Our Average Selling Price (ASP) stood at Rs 805 as of June 2025, driven by a continued shift toward value-added products. This transformation of a more premium offering highlights our evolution into a comprehensive bottom-wear brand, with increasing relevance across multiple product categories. We at Go Colors remain firmly committed to strong unit economics and maintaining a healthy balance sheet. We continued to deliver best-in-class unit economics, reflected in a full-price sell-through of 97%. Our inventory days stood at 98 days, which we look to optimize further. In Q1FY26, we added a net total of 27 new stores, taking our total store count to 803 stores. We remain on track to achieve our target of ~120 net store additions for the full year. In line with our long-term growth strategy, we plan to pilot new categories—including women’s top wear and select men’s wear across 15–20 existing stores in the coming months. Our recently launched first store in Dubai has received an encouraging response and is witnessing strong initial traction. We remain confident in the strength of India’s consumption story and expect to see a revival in demand in the upcoming quarters. As the environment improves, we are well-positioned to capitalize on the recovery through our strong brand, disciplined execution, and expanding footprint going forward.“ Result PDF