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Latest news about Go Colors

ICRA Upgrades Go Colors' Credit Rating Outlook to Positive Nov 21, 2025

ICRA Limited has revised Go Colors' outlook from Stable to Positive, reaffirming and upgrading various credit instruments totaling Rs. 225 crore. The company's unallocated limits and letter of credit facilities were reaffirmed at ICRA A1, while the cash credit facilities maintained ICRA A rating with an upgraded outlook. This positive revision reflects improved financial stability and growth prospects for Go Colors.

Go Colors Corrects Appointment Date for New Independent Director Nov 17, 2025

GoFashion Reports 7% Revenue Growth, Revises Store Expansion Plans Amid Market Challenges Nov 14, 2025

GO Fashion Reports Q2 Revenue Growth and Profit Increase Nov 07, 2025

Go Fashion (India) Concludes Income Tax Search at Offices and Warehouse Oct 13, 2025

More news about Go Colors

07Oct 25

Income Tax Department Initiates Search at Go Fashion (India) Ltd Facilities

Go Fashion (India) Ltd, known for the 'Go Colors' brand, reported that the Income Tax Department has begun search operations at its offices, warehouses, and stores on October 7, 2025. The company assured that business operations remain unaffected and committed to complying with all legal disclosure obligations. The financial impact and specific reasons for the search are currently unknown. Go Fashion will provide updates on its website as more information becomes available.

22Sept 25

Catalyst Trusteeship Reduces Stake in Go Fashion (India) to 4.89%

Catalyst Trusteeship Limited, acting as a Security Trustee, has reduced its shareholding in Go Fashion (India) Limited from 6.96% to 4.89%. The transaction involved the release of 11,16,848 equity shares, representing 2.07% of the total shareholding, which were previously pledged by Rahul Saraogi. The disposal was completed on July 21, 2025, and Catalyst Trusteeship now holds 26,41,752 shares in the company. The disclosure was submitted to the BSE and NSE on September 19, 2025, in compliance with SEBI regulations.

06Aug 25

Go Fashion Reports Stable Q1 Revenue Amid Supply Chain Challenges

Go Fashion (India) Limited reported Q1 revenue of INR 223.00 crores, flat year-on-year. Gross profit was INR 140.00 crores with a 63.00% margin. EBITDA stood at INR 69.00 crores (30.80% margin), and Profit After Tax at INR 22.00 crores (10.00% margin). The company faced headwinds in Large Format Store channel and supply chain disruptions. Despite challenges, Go Fashion added 27 new stores, reaching 803 total. The company remains on track for 120 net store additions this year and is piloting new categories. CEO Gautam Saraogi expressed confidence in future growth prospects.

01Aug 25

Go Fashion Reports Q1 Revenue Growth Amid Board Reshuffles

Go Fashion (India) Limited announced Q1 financial results with revenue at ₹222.83 crore, up 1.25% YoY, but PAT decreased 22.30% to ₹22.26 crore. EBITDA margin fell to 30.8%. The company added 27 new EBOs, totaling 803 stores. Board restructuring includes re-appointments of independent directors and executive leadership, along with a new appointment and a resignation. Future plans include piloting new product categories.

01Aug 25

Go Fashion Reports Q1 Growth and Announces Board Restructuring

Go Fashion (India) Limited reported a 1.24% year-on-year increase in Q1 revenue to ₹22,282.53 lakh. However, profit after tax declined by 22.30% to ₹2,225.99 lakh. The company announced significant board changes, including re-appointments of three Independent Directors and two Executive Directors, appointment of a new Non-Executive Director, and the resignation of a Non-Executive Director. Other corporate actions include appointing a new Secretarial Auditor and scheduling the Annual General Meeting for September 4, 2025.

01Aug 25

Go Fashion Reports 1% Revenue Growth to Rs 223 Crores in Q1 with Margin Improvements

Go Colors, a leading women's bottom-wear brand, announced its Q1 financial results. Revenue from operations grew 1% to ₹223.00 crores. Gross profit margin improved by 120 bps to 63.00%, but EBITDA margin declined by 200 bps to 30.80%. Profit After Tax decreased by 22% to ₹22.00 crores. The company added 27 new Exclusive Brand Outlet stores, bringing the total to 803 across 187 cities. Average selling price increased to ₹805.00, indicating a shift towards higher-value products. Same Store Sales Growth was negative at 2%. The company reported a recovery trend in the latter part of the quarter, particularly during the End of Season Sale period.

24Jul 25

Catalyst Trusteeship Releases 11.17 Lakh Go Fashion Shares from Pledge

Catalyst Trusteeship, acting as Security Trustee, has released 11,16,848 pledged shares (2.07% of total share capital) in Go Fashion (India) Limited on July 21, 2025. The pledgor was Rahul Saraogi. This release reduced Catalyst Trusteeship's holding from 37,58,600 shares (6.96%) to 26,41,752 shares (4.89%). Go Fashion has a total equity share capital of 5,40,08,984 shares with a face value of ₹10 each. The disclosure was made in compliance with SEBI regulations.

05Jun 25

Go Fashion Expands Globally: Opens First International Go Colors Store in Dubai

Go Fashion (India) Limited, known for its Go Colors brand, has opened its first international store in Dubai's Silicon Central Mall. This strategic move marks the company's entry into the global market, expanding its brand visibility and diversifying its market presence beyond India. The Dubai store will introduce Go Colors' women's bottom-wear line to an international audience, serving as a testing ground for understanding global consumer preferences.

30Apr 25

Go Fashion Reports Strong FY25 Results, Plans Aggressive Store Expansion

Go Fashion (India) Limited announced robust financial results for FY25, with revenue up 11% to ₹848.20 crores and PAT growing 13% to ₹93.50 crores. The company plans to open 130-140 new Exclusive Brand Outlets annually, aiming for a net addition of ~120 stores per year. Despite challenges, Go Fashion maintained a strong full-price sales ratio of 95.4% and improved its gross profit margin to 63.3%. The company's CEO highlighted disciplined inventory management and ongoing investments in technology and product innovation as key factors in their performance.

30Apr 25

Go Fashion: Q4 Profit Surges 54%, Revenue Grows 12.6%

Go Fashion, known for its 'Go Colors' brand, reported impressive Q4 FY25 results. Revenue increased by 12.6% to ₹205.00 crore, EBITDA rose by 15.1%, and net profit surged by 54% to ₹20.00 crore. Same-store sales growth recovered to 2.1%. The company added 62 stores in FY25 and plans to add 120 stores annually moving forward. Following the announcement, Go Fashion's stock price jumped by 13.00%.