India-U.Ok. FTA may assist offset impacts of U.S. tariff on Indian attire sector: Gokaldas Exports MD -OxBig News Network

Mr. Siva Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports
| Photo Credit: The Hindu

The reciprocal tariff imposed by the U.S. posed a formidable problem at it might induce enterprise volatility and margin strain, nonetheless, the implementation of India-U.Ok. FTA was probably open newer market alternatives, stated Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director, Gokaldas Exports.

‘’As we step into FY26, the reciprocal tariff imposed by the US poses a formidable problem by inducing enterprise volatility and margin strain. The not too long ago concluded India-U.Ok. FTA, nonetheless, presents a chance as and when it’s carried out,’‘ he said as part of his market commentary at the company’s fourth quarter earnings on Thursday (May 22, 2025).

Gokaldas Exports, a agency that manufactures and exports attire to numerous manufacturers in over 50 international locations, has registered a complete revenue development of 27% and 84% development in revenue earlier than tax on a YoY foundation throughout the fourth quarter of FY25.

In This fall, the corporate reported a consolidated whole revenue of ₹ 1,035 crore and a consolidated revenue earlier than tax of ₹79 crore. Its EBITDA margins improved by 272 bps on a YoY foundation throughout the quarter, supported by productiveness positive factors and sturdy price administration efforts, the export home stated.

Gokaldas Exports whole revenue for the total 12 months touched ₹3917 crore, the very best in its historical past, and a consolidated revenue earlier than tax of ₹218 crore. The firm’s full-year whole revenue and revenue earlier than tax registered a development of 63% and 37%, respectively.

Meanwhile, Bengaluru-based Page Industries, has posted This fall internet revenue of ₹1,64 crore, which was a development of 51.6% year-on-year whereas income was ₹1098.1 crore, a ten.6% year-on-year development. For the total 12 months, it posted a 28.1% improve in internet revenue to ₹7,29.1 crore on and income for the 12 months grew 8% to ₹49,34.9 crore. FY25 noticed its gross sales volumes rising to 219.6 million items, a 5.5% improve.

V.S. Ganesh, MD, Page Industries Ltd stated, “FY’25 was characterised by speedy shifts in financial, geopolitical and technological tailwinds, compelling the corporate to stay additional agile and responsive.’‘

While inflationary pressures constrained consumer spending, particularly in the first half of the year, the company’s means to adapt was very evident within the general robust efficiency, particularly of its e-commerce channels, he commented.

The development and a wholesome working margin was additional supported by secure cloth costs and optimised overheads, Mr. Ganesh added.