Gokaldas Exports has announced a board meeting to review the financial results for the quarter and half-year.

The company increased corporate guarantees to Rs. 275 Cr for BTPL’s loans, subscribed Rs. 175 Cr to BTPL’s Optionally Convertible Debentures, and acquired a 13.3% stake in BTPL for Rs. 55.67 Cr.

Employee stock options worth 3.42 lakh shares were exercised.

Consolidated profit before tax surged to Rs. 79.05 Cr, nearly doubling from Rs. 42.93 Cr last year, supported by higher revenues and controlled costs.