Gokaldas Exports, traditionally focused on the US market, is diversifying into the UK and European markets to avoid competition with duty-free players like Bangladesh.
In the fourth quarter of FY25, Gokaldas Exports reported a 19% year-on-year increase in consolidated profit after tax, reaching ₹53 crore.
Vice Chairman Ganapathi acknowledged tariff-related uncertainty and mentioned challenges ahead, expecting more clarity in the second half of the financial year.
Buyers are cautious due to tariff uncertainties, impacting orders in Q1 and Q2, with expectations set on the current 10% tariff continuing beyond the initial 90-day window.