Go Fashion (India)543401Quarterly results

Q2 FY27 release: revenue Rs. 217.6 crore, PAT Rs. 9.0 crore, one-time write-off of Rs. 9.9 crore

Go Colors Q2 FY27 release: Total Revenue Rs. 217.6 crore vs Rs. 224.2 crore a year ago; PAT Rs. 9.0 crore vs Rs. 21.8 crore.

By ScoutQuest · Fri 30 Oct 2026, 1:11 PM IST · 2 min read

₹217.6 Cr-2.9%

Q2 FY26₹224.2 CrQ2 FY27₹217.6 Cr

Total Revenue: ₹224.2 Cr (Q2 FY26) and ₹217.6 Cr (Q2 FY27).

Total Revenue Q2 FY27: Rs. 217.6 crore vs Rs. 224.2 crore a year ago
PAT Q2 FY27: Rs. 9.0 crore vs Rs. 21.8 crore
Exceptional write-off: Rs. 9.9 crore linked to store closures

What the release covers

Go Fashion (India) Limited, the company behind the Go Colors brand of women's bottom-wear, released a press note on its unaudited financial results for the quarter and half year ended 30 September 2026. The release also carries business updates and comments from the management. The financial table in the release is headed Particulars (Rs. Cs.).

Q2 FY27 numbers

Total Revenue: 217.6 in Q2 FY27 against 224.2 in Q2 FY26.
Gross Profit Margin: 60.8% in Q2 FY27.
Profit After Tax: 9.0 in Q2 FY27 against 21.8 in Q2 FY26.
Profit After Tax for the half year H1 FY27: 25.5.

One-time item in the half year

The release states that the exceptional expense of Rs. 9.9 crore during H1 FY27 pertains to the write-off of capital expenditure on account of store closures undertaken in line with the company's strategy to optimise its store network.

Store network

The company is shifting towards larger exclusive brand outlet (EBO) stores to improve the shopping experience, and says the larger-format stores are doing well and outperforming smaller stores in its network.
Total area as on 30 September 2026 was 4,48,199 sq. ft.
The management comment notes that stores were both opened and closed during the quarter, and that the total retail footprint still increased because larger stores were added and existing stores were enlarged wherever additional space became available.

What management said

The quarter was shaped by a later festive calendar: bulk dispatches to large-format store partners that typically happen ahead of the festive season moved into October, which pulled down revenue from operations for the quarter.
The decline in gross margin was on account of higher raw material prices, with fabric costs rising due to the geopolitical situation. The company intends to pass on the raw material inflation through calibrated pricing actions, which it expects to help restore gross margins progressively over the coming quarters.
The brand campaign featuring Shraddha Kapoor, together with product refresh and influencer-led initiatives, is expected to support customer acquisition in the coming quarters.
Working capital was strengthened, with inventory days improving from the level seen at the end of Q1, supported by cash flow from operations.

Points a reader may track

Whether the pricing actions restore gross margins over the coming quarters.
How the shift to larger stores, alongside the store closures, plays out in revenue in the festive quarter.
Festive season demand, which management said has started on a good note and will be better assessed once the period concludes.
The company's stated priorities for FY27: sustaining same store sales growth momentum, accelerating the move to larger-format stores, refreshing the product range, and scaling Daily Wear and international initiatives.

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