Go Colors has fulfilled its regulatory obligations by publishing standalone audited financial results for the quarter and year ended March 31, 2026. The company announced the publication through an official communication dated May 02, 2026, ensuring compliance with SEBI listing requirements.

Regulatory Compliance and Publication Details

The financial results publication adheres to Regulation 47 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The company published the results in two newspapers to meet regulatory requirements:

Board Approval and Audit Process

The Board of Directors approved the standalone audited financial results during their meeting held on April 30, 2026. The results have been reviewed by Price Waterhouse Chartered Accountants LLP, the company's statutory auditors, in accordance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Digital Accessibility and Investor Information

Go Fashion has made the financial results easily accessible to stakeholders through multiple channels:

• Website Access: Results are available on the company's investor relations page at https://www.gocolors.com/investor-relations
• QR Code Access: The company has provided a Quick Response code for convenient mobile access to the financial results
• Digital Format: Results are presented in a user-friendly and downloadable format

Company Leadership and Communication

The financial results announcement was signed by Gayathri Kethar, Company Secretary & Compliance Officer, and includes endorsement from Gautam Sarangi, Executive Director & CEO (DIN: 03209296). The communication emphasizes that this is a public announcement for information purposes and not a prospectus announcement.

Corporate Information

The publication of these audited financial results demonstrates Go Fashion's commitment to transparency and regulatory compliance, providing stakeholders with timely access to the company's financial performance for the fiscal year 2026.

Go Fashion (India) Limited announced its audited financial results for the quarter and year ended March 31, 2026, revealing continued pressure on profitability metrics amid strategic business transformation. The company reported total revenue of ₹838.0 crores for FY26, marking a 1% decline from ₹848.2 crores in FY25. Net profit decreased significantly by 37% to ₹59.2 crores compared to ₹93.5 crores in the previous year.

FY26 Financial Performance

EBITDA for the full year stood at ₹237.1 crores against ₹268.0 crores in FY25, representing a 12% decline with EBITDA margin compressing to 28.3% from 31.6%. Gross profit declined 1% to ₹529.3 crores from ₹536.8 crores, with gross profit margin at 63.2% compared to 63.3% in FY25. Earnings per share decreased 37% to ₹10.97 from ₹17.31 in the previous year.

Q4 FY26 Results

The fourth quarter showed notable challenges with revenue declining 4% to ₹196.1 crores from ₹204.8 crores in Q4 FY25. EBITDA fell sharply by 20% to ₹49.6 crores compared to ₹62.4 crores, with margin compression to 25.3% from 30.5%. Net profit declined 60% to ₹7.9 crores from ₹19.9 crores in Q4 FY25.

Business Transformation and Strategic Initiatives

Go Fashion continued its strategic shift with approximately 70% Value Added Bottoms Portfolio mix, moving away from traditional leggings. The company added 43,283 sq. ft. retail space during FY26, bringing total area to 4,33,979 sq. ft., representing 11% growth. Total EBO stores reached 802 with addition of 26 net stores during the year. Average selling price for FY26 stood at ₹811, representing 12% growth over the last 3 years.

Sales mix for FY26 comprised EBO at 72.7%, LFS at 21.7%, Online at 3.0%, and MBO & Others at 2.7%. Same Store Sales Growth for EBOs stood at -3.4%, while Same Cluster Sales Growth was -0.1%. Full price sales accounted for 95% of total sales. Working capital days stood at 152 days with inventory days at 117 days. Cash and cash equivalents stood at ₹181 crores as on March 31, 2026.

CEO Commentary and Future Outlook

Commenting on the results, Mr. Gautam Saraogi, CEO, stated that the company has evolved alongside industry transformation, with portfolio mix shifting to approximately 70% Value Added Bottoms Portfolio. The company is focusing on larger EBO stores of 700+ sq. ft. to enhance customer experience and display full inventory. Over the next five years, the company aims to nearly double its scale in terms of square footage.

The company plans to turn Same Store Sales Growth positive by end of FY27, successfully migrate to larger EBO stores, refresh product range, and expand the Daily Wear concept to 25-30 stores by end of FY27. In January 2026, the company collaborated with a leading influencer to launch a new collection, and by June 2026, a brand ambassador will be in place to enhance brand visibility.

Financial Ratios and Cash Flow

Return on Capital Employed stood at 10.5% and Return on Equity at 8.5% for FY26. Operating Cash Flow (Pre IND-AS 116) for FY26 stood at ₹25 crores. The company remains committed to maintaining healthy working capital position and generating sufficient internal cash flows.

Source: Company/INE0BJS01011/5d793754a6be4bfe.pdf