Bengaluru-based apparel exporter Gokaldas Exports on Monday reported a consolidated revenue of Rs 818 Crore for the quarter ended March 2024, compared to Rs 530.1 crore in the same quarter last year, recording a 54% jump in topline. The company also reported a consolidated profit after tax of Rs 44.3 crore compared to Rs 47.2…
Representative Image Mumbai: Readymade garment manufacturer and exporter Gokaldas Exports Ltd (GEL) on Tuesday said it has entered into an agreement through its wholly-owned subsidiaries to acquire Atraco Group for USD 55 million. Headquartered in Dubai, apparel manufacturer Atraco operates with a network of four manufacturing units in Kenya and one in Ethiopia producing about…
Sivaramakrishnan Ganapathi, vice chairman & MD, Gokaldas Exports The Bengaluru-headquartered Gokaldas Exports on Monday announced that it has, through its wholly owned subsidiaries, entered into an agreement to acquire Atraco Group (Atraco), a Dubai-based manufacturer of apparel with a strong market position and customer relationships across the US and Europe. The equity value of the…
