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Gokaldas diversifies into UK, European markets amid tariff uncertainty

  • 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.

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