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Gokaldas Expects Stronger FY28 Growth as Africa Recovers
Positive+29
GreyOak summary
Gokaldas Exports anticipates stronger growth in FY28 driven by a recovery in its African business and increased contributions from the acquired BRFL Textiles. The company expects BTPL to contribute around ₹1,200 crore in FY28, with African operations targeting a 10% EBITDA margin. While US retail demand remains strong, the company maintains a conservative approach regarding a specific African client's payment risks.
What it affects
- Gokaldas ExportsGOKEXPositive +29
Expects stronger growth from FY28Rolling sentiment Positive +20
Source
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