Gokaldas Exports Q4 profit slides 31.97% to ₹35.96 cr as US tariffs bite; revenue inches up 5.27%

Apparel exporter's Q4 FY26 net profit fell to ₹35.96 cr from a year ago on US tariff disruption and geopolitical volatility. Revenue rose 5.27% to ₹1,068.84 cr. Africa business grew 17% YoY on AGOA renewal, cushioning a 10% decline in India apparel exports.

— Source publishedSat, 23 May, 2026, 17:49 IST·First seen Sat, 23 May, 2026, 17:57 IST·Source The Hindu BusinessLine

What happened

Apparel exporter Gokaldas Exports posted Q4 net profit down 31.97% YoY to ₹35.96 cr on US tariff disruption and geopolitical volatility, though revenue rose

Key facts

  • Q4 net profit ₹35.96 cr (-31.97% YoY)
  • Revenue ₹1,068.84 cr (+5.27% YoY)
  • Africa business +17% YoY
  • India apparel exports -10%

Why this matters

Geopolitical tariff exposure and India apparel softness make this an opportune window to pursue Africa-based capacity bolt-ons or near-shoring partnerships that hedge US-India trade risk.