Financial Highlights & Corporate Responsibility slide image

Financial Highlights & Corporate Responsibility

GOKALDAS EXPORTS LIMITED 07 FINANCIAL HIGHLIGHTS SUMMARY OF PROFIT AND LOSS STATEMENT in Crores KEY PERFORMANCE METRICS Revenue from operations Other Income Total Income EBITDA EBITDA Margin (%) FY20 FY 21 +/- Change Y-O-Y 1,370.9 1,210.7 (160.2) (11.7%) 16.3 12.2 (4.1) (25.0%) 1,387.2 1,222.9 (164.3) (11.8%) 102.1 113.7 11.6 11.4% 7.4% 9.3% 1.9% 26.3% Finance cost 36.8 34.5 (2.4) (6.4%) Depreciation and amortisation expenses 54.8 52.6 (2.2) (4.0%) PAT before exceptional items 10.4 26.6 16.2 154.8% REVENUE Despite impact of COVID on the business, contained exports revenue decline to 8.8%, In contrast, India's apparel exports registered a decline of 17.4% in FY21 compared to FY20. EBITDA Margin The company streamlined its operations to become more efficient, reduced unproductive costs and ensured better utilization of available capacity. Due to COVID impact on its customers, the company had to provide for an expected credit loss of 7.5 Crs. PAT A healthy PAT growth is mainly from superior operations. Oher income includes interest income of 6.9 Crs, earned on fixed deposits held as loan collateral, which if adjusted could have been brought down interest expense by an equivalent amount. The company is working to reduce the outstanding loan to the extent of the fixed deposit, to reduce interest burden.
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