Go Colors

Go Fashion (India) Limited reported revenue of Rs 223 crores for Q1 FY26, representing 1% growth compared to Rs 220 crores in Q1 FY25. The company achieved gross profit margins of 63%, an improvement of 120 basis points year-over-year, driven by easing raw material costs and favorable product mix. However, profit after tax declined 22% to Rs 22 crores from Rs 29 crores in the previous year quarter, with PAT margins at 10% versus 13% previously. EBITDA margins compressed to 30.8% from 32.8% due to increased employee costs from store expansion and annual increments. Same Store Sales Growth was negative at 2% for the quarter. The company added 27 new EBO stores during the quarter, bringing the total to 803 stores across 187 cities. Average selling price increased to Rs 805, reflecting a shift toward value-added products. The company maintains cash and cash equivalents of Rs 247 crores and reported recovery in the latter part of the quarter, particularly during the End of Season Sale period.

Go Fashion (India) Limited announced its unaudited financial results for the quarter ended June 30, 2025. The company reported revenue from operations of ₹22,282.53 lakhs compared to ₹20,481.43 lakhs in the same quarter last year. Profit after tax stood at ₹2,225.99 lakhs versus ₹2,865.03 lakhs in the previous year quarter. Basic earnings per share was ₹4.12 compared to ₹5.30 in the corresponding quarter. The Board approved re-appointments of three Independent Directors - Mr. Srinivasan Sridhar, Mr. Dinesh Madanlal Gupta, and Mrs. Rohini Manian - for second consecutive terms of 5 years each, effective from June-July 2026, subject to shareholder approval. Managing Director Mr. Prakash Kumar Saraogi and Executive Director Mr. Gautam Saraogi were also re-appointed for 5-year terms. Mr. Vinod Kumar Saraogi was appointed as Additional Director (Non-Executive and Non-Independent) effective August 1, 2025. Mr. Rahul Saraogi resigned as Non-Executive and Non-Independent Director due to pre-occupation and other professional commitments. The company also appointed M/s. Sridharan & Sridharan Associates as Secretarial Auditor for five years and scheduled its 15th Annual General Meeting for September 4, 2025.

GO Fashion reported Q1 revenue of 2.2 billion rupees, remaining flat compared to the same period last year. The company's net profit declined to 223 million rupees from 286 million rupees year-over-year. EBITDA decreased to 687 million rupees from 721 million rupees, while EBITDA margin compressed to 30.84% from 33% in the previous year.