Gokaldas Export reports multi folds increase in Q3 PAT to Rs30.11cr, Stock hits new 52-week high

21 Jan 2022 , 04:15 PM

Gokaldas Export Ltd., on Friday, announced its quarterly results. The company’s performance has significantly improved over the last quarter.

The company reported consolidated revenue of Rs 520.61 crores for the quarter ending December 2021, against Rs 265.04 crores for the previous corresponding quarter, citing a growth of 96.43% YoY.

The company reported a Net Profit (PAT) of Rs 30.11 crore for Q3 FY’22 against Rs 6.05 crores for Q3 FY’21, registering a growth of 397.98% YoY. While its PAT for the quarter ending September 2021 stood Rs 28.61 crore.

The company’s revenue for the 9M period ending December 2021 stood at Rs 1204.46 crores against Rs 839.97 crores for 9M ending December 2020.

Gokaldas scrip closed at Rs 409.80, its 52-week high, on Friday, against its previous closing price of Rs 372.55, gaining 10% or Rs 37.25.