Shares of Gokaldas Exports Ltd., which closed nearly 6% higher on Tuesday, opened lower on Wednesday, November 12, after the company reported a muted September-quarter performance, impacted by weakness in its Africa operations and margin pressures.

The company's consolidated revenue rose 5.9% year-on-year to ₹984 crore from ₹929 crore.

However, EBITDA declined 6.9% to ₹64.8 crore, while margins contracted to 6.6% from 7.5% a year ago.

Net profit fell sharply by 71.5% year-on-year to ₹8 crore from ₹28.1 crore.

Consolidated

In ( ₹ cr) Q2FY26 Q2FY25 YoY % Revenue 984 929 5.92% Ebitda 64.80 69.60 -6.90% EBITDA margin 6.59% 7.49% PAT 8 28.1 -71.53%

Gokaldas Exports said its Q2 performance was affected by lower volumes in its Africa business due to unc

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