Shares of Go Fashion (India) Ltd slipped sharply in Thursday’s session, falling over 11% after the company reported a weak set of numbers for the March quarter (Q4 FY26), with declines across key financial metrics.

The company’s net profit saw a steep drop of 60.1% year-on-year, coming in at ₹7.94 crore compared to ₹19.9 crore in the same quarter last year. The sharp fall in profitability weighed heavily on investor sentiment.

Revenue for the quarter also declined 4.2% YoY to ₹196.1 crore, down from ₹204.8 crore, indicating subdued demand and slower growth momentum in the core business.

At the operating level, EBITDA fell 20.5% to ₹49.6 crore from ₹62.4 crore in the corresponding period last year. The EBITDA margin contracted significantly to 25.31%, compared with 30.48% a year ago, reflecting pressure on operating efficiency and costs.

The overall performance highlights a challenging quarter for the company, with both top-line and bottom-line under pressure. The sharp erosion in margins and profitability appears to have triggered the steep correction in the stock price.

Go Fashion | Business Upturn

Go Fashion shares fall sharply over 11% as Q4 net profit drops 60.1% YoY to Rs 7.94 crore, revenue down 4.2%