Mumbai, May 22: Apparel manufacturer and exporter Gokaldas Exports Limited on Thursday reported a strong performance in the fourth quarter (Q4) of FY25, with its consolidated net profit soared over 19.3 per cent year-on-year (YoY) to Rs 52.86 crore, compared to Rs 44.28 crore in Q4 FY24.

The company’s profit before tax (PBT) also surged by 84 per cent YoY to Rs 79 crore in the last quarter of the FY25.

However, the quarter also saw a notable rise in total expenses, which increased by 23.32 per cent (on-year) to Rs 955.8 crore in Q4 FY25 from Rs 775.03 crore in Q4 FY24.

Despite this, the company’s revenue from operations rose by nearly 25 per cent to Rs 1,015.33 crore — helping it maintain the strong overall financial health.

The company’s total income for the quarter rose by 27 per cent to Rs 1,035 crore, driven by productivity improvements and robust cost management.

Despite a rise in expenses, the company managed to boost its profitability and strengthen its margins, with EBITDA margins improving by 272 basis points compared to the same period last year.

For the full financial year 2025, Gokaldas Exports achieved its highest-ever total income of Rs 3,917 crore, marking a 63 per cent increase from the previous financial year.

Profit before tax for the year grew by 37 per cent to Rs 218 crore in FY25, according to its stock exchange filing.

Commenting on the results, Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports, said, “FY25 was a significant year for us as we consolidated acquisitions and delivered healthy growth in income and profits.”

“While we face challenges like the reciprocal tariff imposed by the US that could impact margins, opportunities such as the India-UK Free Trade Agreement provide optimism for future growth,” he added.

Established in 1979, Gokaldas Exports is one of India’s largest apparel manufacturers and exporters, supplying to more than 50 countries worldwide.

With over 30 production units and a workforce of more than 51,000 employees, the company produces approximately 87 million garments annually.

Bikaner (Rajasthan), May 22: Delivering a fiery address in Palana, Bikaner, his first visit to Rajasthan after Operation Sindoor — Prime Minister Narendra Modi on Thursday presented a firm, uncompromising stance against terrorism, asserting India’s new principles in dealing with threats.

“Operation Sindoor has established three clear principles,” the Prime Minister said.

First, any terrorist attack on India will receive a decisive response, with the timing and method left to the armed forces.

Second, India will not be intimidated by nuclear threats.

Third, there will be no distinction between terror groups and the governments that support them, PM Modi said.

Slamming Pakistan, PM Modi declared: “The game of state and non-state actors is over. India will hold all responsible parties accountable. Those bullets pierced the hearts of 140 crore Indians. Those who tried to erase the Sindoor of our sisters have been razed to the ground.”

Referring to the Pahalgam terror attack on April 22, which took place exactly a month ago when 26 innocent civilians were killed, he revealed that India’s forces destroyed nine major terrorist hideouts in Pakistan and Pakistan-occupied Kashmir within 22 minutes.

“The world saw what happens when Sindoor turns into Barood (gunpowder),” he said.

Making a scathing attack on the neighbouring country, he said, “Pakistan cannot face India directly, so it resorts to terrorism. But they forgot — now Modi stands here with his chest puffed out. My mind stays calm, but my blood runs hot with Sindoor.”

In his address, the Prime Minister said that seven Indian delegations comprising political leaders and foreign policy experts will visit different countries to expose Pakistan’s role in supporting terrorism.

“No talks, no trade with Pakistan — only talk will be about PoK,” he asserted, adding, “India will not back down. This is our resolve, and no power in the world can shake it.”

Describing Operation Sindoor as “not revenge, but the new face of justice,” he said, “This is the fierce form of Samarth Bharat — capable India.”

He recalled a symbolic connection with Rajasthan: “Five years ago, after the Balakot airstrike, my first public meeting was in Rajasthan. Today, after Operation Sindoor, I’m once again in this Veer Bhoomi (land of the brave).”

Earlier in the day, PM Modi visited the Karni Mata Temple in Deshnok before inaugurating 103 modernised Amrit Bharat railway stations and flagging off the Bikaner-Bandra Express.

He also launched and laid foundation stones for projects worth Rs 26,000 crore, including water and infrastructure initiatives for Rajasthan.

Highlighting India’s development strides, the Prime Minister cited engineering marvels like the Chenab Bridge, Atal Setu, and Pamban Bridge, and praised the Vande Bharat and Namo Bharat trains as symbols of a fast-moving India.

A touching moment unfolded when a woman named Sumitra from a self-help group presented a bullock cart model to PM Modi and tried to touch his feet. The Prime Minister gently stopped her and bowed in return.

Governor Haribhau Bagde, Chief Minister Bhajanlal Sharma, and senior BJP leaders were present at the event. Prime Minister Modi also visited an exhibition celebrating Rajasthan’s heroes.

Kolkata, May 22 : After Kolkata, mysterious movements of drone-like illuminated objects have been spotted in the skies of Sagar Island in the South 24 Parganas district of West Bengal.

Sagar Island, located at the confluence of the River Ganges, is famous for the iconic Kapil Muni Ashram and the annual Gangasagar Mela there.

Eyewitnesses told the police and the media persons that at around 12.30 p.m., illuminated objects with colours like red, green and yellow were spotted in the skies of Sagar Islands.

As per the latest information available, such mysterious movements of illuminated objects were also spotted in the skies of Sagar Island-adjacent Mousuni Island, Fraserganj and Namkhana.

The local residents of Sagar Island, after noting the illuminated objects in the sky, immediately contacted the local police station. However, none of the eyewitnesses were able to specify the exact number of the flying objects.

The district police superintendent of Sundarban District Police, Koteswar Rao, claimed that an investigation has already been started in the matter.

The mysterious light movements were spotted for around 10 to 15 minutes. The movements, according to eyewitnesses, were from the southern side to the northern side of the Sagar Islands.

Similar movements of drone-like illuminated objects were spotted in the skies of Kolkata during the intervening night of Tuesday and Wednesday. Both the Kolkata Police and the Eastern Command of the Indian Army had taken note of these.

In that case, the mysterious movements of light were first spotted by some on-duty cops in some police stations in the city, who immediately informed the Kolkata Police headquarters and subsequently the office of the Eastern Command.

The light movements surfaced from the sides of Maheshtala and Behala in the southern outskirts of Kolkata. They remained visible in the skies over central Kolkata for around 10 to 15 minutes, following which a couple of them vanished on the northern side and some on the eastern side of the city.

There were confusing inputs regarding the exact number of light movements.

Later, the office of the Eastern Command of the Indian Army issued a statement confirming receipt of information about “suspected drones” being spotted in the city skies on Tuesday late at night. “Reports of drone sightings over Kolkata have been received and are currently under investigation. Efforts are underway to ascertain the veracity of this event. Further information will be shared as facts are established. In the interim, the media is urged to refrain from speculation,” the Wednesday statement read.