Go Fashion (India) Limited
Incorporated in 2010, Go Fashion Limited (GFIL) is one of the largest women's bottom-wear brands in India. The company is engaged in the development, design, sourcing, marketing, and retailing of a range of women's bottom-wear products under the brand,'Go Colors'. The company offers one of the widest portfolios of bottom-wear products among women's apparel retailers in terms of colors and styles. As of May 31, 2021…
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Go Colors announced financial results for the quarter: Revenue flat at ₹222.8 Cr, PAT down 26% to ₹16.5 Cr due to ₹6.5 Cr exceptional expense from store network optimization. Positive EBO SSSG (0.6%) is a key highlight as the company shifts to larger stores and onboarded Shraddha Kapoor as Brand...
Go Fashion submitted an application to stock exchanges to reclassify individuals and entities with nil shareholding from its Promoter Group to the Public category. This move tidies up the ownership structure.
Go Fashion (India) Q4 PAT plunged 60% to 7.9 Cr on 4% lower revenue; FY26 PAT down 37% to 59.2 Cr. SSSG was -3.4%. The company is migrating to larger EBOs, added 26 net stores, and aims for positive SSSG in FY27.
Go Fashion received reclassification requests from six former promoter group entities to become public shareholders. They hold zero shares. The Board will consider this procedural change.
Go Fashion: Several Promoter Group members holding zero shares formally requested reclassification to the Public category. The Board will consider this procedural change.