News & Filings
GOKEX \u2014 Recent Activity
5 items in the last 14 days
AI Summary
Indian textile exporters like Gokaldas are looking to expand to new markets such as the EU and Africa due to tariffs imposed by the US, which may impact their financial performance. The US trade deal and tariffs are expected to affect the margins of Indian exporters, including those in the garment and jewellery sectors. This shift in global trade dynamics may have implications for the financials of Indian companies that rely heavily on US exports.
Indian textile exporter Gokaldas expects margin lift after US trade deal
By Komal Salecha Feb 24 (Reuters) - Indian textile maker Gokaldas Exports, a supplier to Walmart, sees pressure on its core earnings margins easing in fiscal 2027 as lower U.S. tariffs under India's
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Gokaldas Exports Ltd (BOM:532630) Q3 2026 Earnings Call Highlights: Resilience Amid Tariff ...
Despite facing steep US tariffs, Gokaldas Exports Ltd (BOM:532630) shows growth in India and a promising order book for future quarters.
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India's Gokaldas eyes EU growth, Africa expansion to counter Trump's tariffs
(Reuters) -Indian textile manufacturer Gokaldas Exports plans to boost shipments to the European Union and the United Kingdom, and expand production in Africa, as punitive U.S. tariffs threaten to sap profits, the company's top executive said. Gokaldas, which makes about 75% of its standalone sales in the United States and counts Walmart, Gap, and JCPenney among its clients, expects its quarterly core profit margin to shrink to single digits from around 12% in the first quarter of fiscal 2026.
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Indian exporters turn to Africa as US tariffs come into effect
If US tariffs on Indian exports remain at 50%, exporters will start shifting manufacturing elsewhere to capitalise on lower rates.
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India's garment and jewellery sectors fear for US orders after tariff shock
NEW DELHI/MUMBAI (Reuters) -India's apparel and jewellery exporters are bracing for a drop in orders from their biggest market and could cut jobs after U.S. President Donald Trump announced a 25% tariff on Indian imports starting on Friday, industry executives said. Several garment exporters, who had hoped for a bilateral trade deal and were preparing for a rise in orders from U.S. retailers such as Walmart and Costco, have now halted expansion plans as they await the outcome of negotiations, t
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