*GOKALDAS EXPORTS LTD.* | *CMP* Rs. 954 | *M Cap* Rs. 6818 Cr | *52 W H/L* 1262/683 (Nirmal Bang Retail Research) *Result improved* Revenue from Operations came at Rs. 987.8 Cr (6.3% QoQ, 79.1% YoY) vs QoQ Rs. 929 Cr, YoY Rs. 551.6 Cr EBIDTA came at Rs. 98.1 Cr (48.4% QoQ, 57% YoY) vs QoQ Rs. 66.1 Cr, YoY Rs. 62.5 Cr EBITDA Margin came at 9.9% vs QoQ 7.1%, YoY 11.3% Adj. PAT came at Rs. 50.3 Cr vs QoQ Rs. 28.2 Cr, YoY Rs. 30.4 Cr Quarter EPS is Rs. 7 Stock is trading at P/E of 45.5x TTM EPS