India's Gokaldas Exports rises after Sept-qtr profit jump

Gokaldas Exports

29/10/2021 09:59

** Shares of apparels maker  GOKL.NS  climb as much as 5% to
215.45 rupees, post their biggest intraday pct gain since Sept.
22
    ** GOKL reports https://bit.ly/3GyielF September-quarter
consolidated net profit of 286.1 mln rupees ($3.82 million), up
230% y-o-y
    ** Consolidated revenue from operations 4.44 bln rupees, a
rise of 29.8% y-o-y
    ** "Key operating parameters like production efficiency,
wastage reduction, ontime production and delivery have
consistently improved" - GOKL says https://bit.ly/3Gu0Y17
    ** "Initiated several measures to augment capacity to meet
business demand from customers" - GOKL says
    ** More than 290,000 shares traded by 0826 GMT, 1.2 times
their 30-day avg of over 240,000 shares
    ** As of last close, GOKL had risen 128.5% this year 

($1 = 74.9650 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))