For the third quarter Gokaldas Exports’ consolidated net profit was up by 34 per cent.

Consolidated revenues during the quarter were up by 0.8 per cent compared to the corresponding quarter of the previous year.For the nine months of the current fiscal profit after tax was up 123 per cent higher than the same period of the last fiscal.The company will continue to focus on optimal resource utilisation and drive operational excellence in the coming quarters.

Gokaldas Exports is an apparel manufacturer and exporter. The company exports garments to more than 50 countries. The company has improved its bottom line from incurring a loss to a profit and has grown substantially over the last five or six years. The emphasis on operational improvements and the increased focus on value-added pricing have helped Gokaldas gain better realisation from customers.

With all these factors, it has been able to deliver better bottom lines. Gokaldas Exports is building three new manufacturing facilities. These will be in Madhya Pradesh, Tamil Nadu, and Bangladesh. The new facilities will add an extra five million pieces annually to the company’s existing yearly production capacity of 30 million pieces.

Currently, Gokaldas Exports operates 19 manufacturing units.