Gokaldas Exports, led by Vice Chairman and Managing Director Sivaramakrishnan Ganapathi, is making strategic moves in the international market. The company, known for its focus on the US market to steer clear of competition with players like Bangladesh in Europe, is now eyeing the UK and wider European markets. Despite the uncertainties surrounding global tariffs, Gokaldas Exports is working towards expanding its presence in these regions as part of its diversification strategy. Ganapathi highlighted the company’s efforts to increase volumes with UK-based clients, even as they wait for the India-UK Free Trade Agreement to materialize, which could take up to a year.
In the fourth quarter of FY25, Gokaldas Exports reported a 19% year-on-year increase in consolidated profit after tax, reaching ₹53 crore compared to ₹44 crore in the same period last year. The company’s consolidated total revenue also saw a significant uptick, standing at ₹1,035 crore, reflecting a 27% increase year-on-year. Ganapathi emphasized the importance of staying aligned with the supply chain and supporting customers to navigate the changing tariff landscape, which is expected to pose challenges in the coming months. While clarity is anticipated in the second half of the financial year as agreements with countries like the US and UK take shape, the company is bracing for potential impacts in the initial quarters.
Despite the uncertainties looming over global tariffs, Gokaldas Exports remains optimistic about its growth prospects in the UK and wider European markets. With a focus on expanding volumes and strengthening relationships with UK-based clients, the company aims to diversify its geographical presence and reduce dependence on the US market. As Ganapathi navigates the challenges ahead, he is confident in the company’s ability to adapt and thrive in the evolving international trade landscape. Whether it’s overcoming tariff-related hurdles or seizing new opportunities in untapped markets, Gokaldas Exports is poised to make its mark on the global stage.