Interim report
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November 07, 2025 BSE Limited Scrip Code: 543401 National Stock Exchange of India Ltd. Trading Symbol: GOCOLORS Dear Sir / Madam, Subject: Unaudited Financial Results and Limited Review Report for the Quarter ended September 30, 2025 - Outcome of Board Meeting Pursuant to Regulation 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Board of Directors of M/s. Go Fashion (India) Limited at their meeting held on November 07, 2025 which commenced at 11.00 am and concluded at 12.30 pm has inter alia transacted the following businesses: (i) Considered and approved the Unaudited Financial Results of the Company for the quarter ended September 30, 2025. (ii) A copy of the signed Unaudited Financial Results along with Limited Review Report issued by the Statutory Auditors of the Company for the quarter ended September 30, 2025 is enclosed. (iii) Appointed Ms. Sakshi Vijay Chopra (DIN: 07129633) as an Additional Director, (Non-Executive, Independent), with effect from November 07, 2025, for a period of 5 (five) consecutive years i.e., up to November 06, 2030 (both days inclusive), not liable to retire by rotation; subject to approval of the members. In terms of NSE’s Circular No. NSE/CML/2018/24 dated June 20, 2018, and BSE’s Circular No. LIST/COMP/14/2018-19 dated June 20, 2018, it is hereby affirmed that Ms. Sakshi Vijay Chopra is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. Details as required to be disclosed as per the LODR Regulations read with SEBI’s Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed herewith as Annexure – A. The aforesaid is also being disseminated on Company’s website at https://www.gocolors.com/investor-relations. This is for your information and records. Thanking You, For Go Fashion (India) Limited Gayathri Kethar Company Secretary & Compliance Officer
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Price Waterhouse Chartered Accountants LLP Independent Auditors' Report on Review of Unaµdited Financial Results To The Board of Directors Go Fashion (India) Limited No-43/ 20, Nungambakkam High Road, Nungmabakkam, Chennai - 600 034 1. We have reviewed the unaudited finan cial results of Go Fashion (India) Limited (the "Company") for the quarter ended September 30, 2025 and the year to date results for the period April 01, 2025 to September 30, 2025, which are included in the accompanying 'Statement of Unaudited Financial Results for the Quarter and Six Months ended September 30, 2025' , 'Statement of Unaudited Assets and Liabilities as at Septembe r 30, 2025' , and 'the Statement of Unaudited Cash Flows for the Six Months ended September 30, 2025', (the "Statement") . The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purpose s. 2. The Statement, which is the responsibility of the Company's Management and appro ved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to issue a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standa rd on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement . A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequentl y does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conduct ed as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principle s generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. Place: Chennai Date: November 07, 2025 For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/ N500016 AniiiKumar R • Partner Membership Number : 211867 I '.:> n umN: 2.s '2., 1 ~ 6 7 B Mops er 6 o ~ Price Waterhouse Chartered Accountan ts LLP, 7th & 10th Floor, Menon Eternity, 165, St. Mary's Road, Alwarpet Chennai - 60001 8 T: +91 (44) 42285278 Registered office and Head office: 11 · A, Vishnu Dlgamber Marg, Sucheta Bhawall , New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chart ered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registration number is 012754N/N5000 16 (ICAI registration number before conversi on was 012754N)
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GO FASHION (INDIA) LIMITED CIN:L17291TN2010PLC077303 Registered Office: No. 43/20, Nungambakkam High Road, Nungambakkam, Chennai, Tamil Nadu 600 034 Statement of Unaudited Assets and Liabilities as at September 30, 2025 Particulars A.ASSETS 1. Non-current assets (a) Property, plant and equipment (bl Right-of-use assets (c) Capital work0 in-progress (d) Intangible assets (e) Financial assets (i) Bank balances other than cash and cash equivalents (ii) Other financial assets (f) Deferred tax assets (net) (g) Current tax asset (net) (h) Other non-current assets 2. Current assets (a) Inventori es (b) Financial assets (i) Investments (ii) Trade receivables (iii) Cash and cash equivalents (iv) Bank balances other than (iii) above (v) Other financial assets (cl Other current assets Total non - current assets Asat September 30, 2025 11,629.25 46,886.17 1,503.40 75.96 6,468.89 4,355.12 3,314.44 74.38 94.24 (Amount ~ In Lakhs) Asat March 31, 2025 11,169.61 44,751.14 1,146.01 78.56 44.79 3,972.85 3,090.86 74.38 125.59 t------ ....... -------=-t--------'- -'-74 401.85 64 453.79 24,166.89 23,764.83 411.45 970.52 12,623.02 10,573.15 1,940.76 1,614.02 17,052.45 22,220.03 1,534.02 1,363.16 4 639.57 3,071.72 Total current assetsl--------'=a.==+------=-'-"-'-_;__;_ 62 368.16 63 577.43 TOTAL ASSETS B. EQUITY AND LIABILITIES 1. Equity (<1) Equity share capital (b) Other equity 136,770.01 5,400.90 68,741.87 128 031.22 5,400.90 64,336.52 Liabilities Tota l equityl- ____ ......;.74..;.,.;;.14""2~.7~7"+ _____ .::.69::..,.;,c73::..:7...:..4.;.:2=-t 2. Non-current liabilities (a) Financial liabilities (i) Lease liabilites (b) Provisions 43,768.14 649.83 41,664.97 613.63 3: Current liabilities Total non-current liabilities1-------~~--+-------~~--1 44,417.97 42 278.60 (a) Financial liabilities (i) Borrowings (ii) Lease liabilities (iii) Trade payables -tota l outstanding dues of micro and small enterprises -total outstanding dues of creditors other than micro and small enterprises. (iv) Other financial liabiliti es (b) Provisions (c) Current tax liabilities (net) (d) Other current liabilities TOTAL EQUITY AND LIABILITIES Place : Chennai Date : November 07, 2025 Total current liabilities . - 9,683.23 9,035.36 740.50 240.47 3,079.10 2,915.84 2,836.21 2,358.48 850.63 255.91 312.85 393.03 706.75 816.11 t------ ....... ---t-------~--18,209.27 16 015.20 1,36 770.01 128 031.2~ For and on behalf of the Board of Directors Gp Fashion (India) Limited Gautam Saraogi Executive Director & Chief Executive Officer DIN No: 03209296
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GO FASHION (INDIA) LIMITED CIN: L17291TN2010PLC077303 Registered Office: No. 43/20, Nungambakkam High Road, Nungambakkam, Chennai, Tamil Nadu 600 034 Statement of Unaudited Financial Results for the Quarter and Six Months ended September 30, 2025 (Amount~ In Lakhs, except Earnings Per Share data, unless otherwis e stated ) Particulars 1. Income Revenue from operations Other income Tota l Income z. Expenses . Cost of materia ls consumed Purchases of stock-in-trade Changes in inventories of finished goods, work-in-progress and stock-in-trade Subcontracti ng charges Employee benefit expense Finance costs Depreciation and amortisation expenses Other expenses Total Expenses 3. Profit before tax (1 - 2) 4. Tax Expenses Current tax Deferred tax Total Tax Expenses 5. Profit after tax (3 - 4) 6. Other comprehensive income (i) Items t hat will not be reclassified to profit or loss (a) Re-measurements of the defined benefit plans [(gain)/loss ] (b) Income t ax relating to (a) above Total other comprehensive (inoome)/loss 7. Total comprehen sive Income (5 - 6) Paid-up Equity Share Capital (face value of~ 10 each) Other Equity (excluding Revaluation Reserve) Earnings per equity share of" 10 each (face value) /1/ Basic (Not Annualised for periods other than March 31, 2025) /2/ Diluted (Not Annualised for periods othe r t han March 31, 2025) Place : Chennai Date : November 07, 2025 Initialled For Identification Purpose Only Quarter Ended Six Months Ended Year Ended 30-09-2025 (Unaudited) 22,417.29 729.21 23,146.50 5,270.41 1,191.71 681.29 1,242.21 4,567.71 1,215.12 3,278.74 2,799.24 20,246.43 2,900.07 833.61 (113.96) 719.65 2,180.42 0.71 (0.171 0.54 2,179.88 5,400.90 4.04 4.04 30-06-2025 30-09-2024 30-09-2025 30-09-2024 31-03-2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 22,282.53 521.99 22,804.52 4,392.35 3,787.58 (1,051.57) 1,122.51 4,420.65 1,197.69 3,226.67 2,739.95 19,835.83 2,968.69 851.97 (109.27) 742.70 2,225.99 0.70 (0.18) 0.52 2,225.47 5,400.90 4.12 4.12 20,853.36 710.65 21,564.01 5,084.74 2,393.62 (953.95) 1,179.67 4,047.21 1,146.27 3,105.94 2,741.07 18,744.57 2,819.44 926.11 (169.99) 756.12 2,063.32 (22.42) 5.65 (16.77) 2,080.09 5,400.90 3.83 3.83 44,699.82 1,251.20 45,951.02 9,662.76 4,979.29 (370.28) 2,364.72 8,988.36 2,412.81 6,505.41 5,539.19 40,082.26 5,868.76 1,685.58 (223.23\ 1,462.35 4,406.41 1.41 (0.35) 1.06 4,405.35 5,400.90 8.16 8.16 For and On behalf of the Board of Directors Go Fashion (India) Limited Gautam Saraogi Executive Director & Chief Executive Officer DIN No: 03209296 42,862.73 1,290.28 44,153.01 9,432.79 5,429.14 (886.92) 2,141.04 7,771.87 2,250.15 6,053.17 5,399.44 37,590.68 6,562.33 1,941.18 (307.20) 1,633.98 4,928.35 (44.85) 11.29 (33.56) 4,961.91 5,400.90 9.13 9.13 84,816.73 2,539.15 87,355.88 19,080.25 9,687.47 (2,128.01) 4,498.92 16,019.81 4,635.13 12,369.42 10,862.45 75,025.44 12,330.44 3,815.49 (834.92) 2,980.57 9,349.87 2.82 (0.711 2.11 9,347.76 5,400.90 64,336.52 17.31 17.31
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GO FASHION (INDIA) LIMITED CIN: L17291TN2010PLC077303 Registe red Office: No. 43/ 20, Nungambakk am High Road, Nungambakkam, Chennai, Tamil Nadu 600 034 Statem ent of Unaudited Cash Flow for t he Six Months ended September 30, 2025 Particulars A. Cash flows from operating activities Profit before tax for the year ·Adjustment s for: Depreciation and amortisation expenses Property, Plant and Equipment writte n off Allowa nce for expected credit loss Int erest Income on fixed deposits with banks Income from mutua l funds Loss/ (Gain) on Sale of Property, Plant & Equipment (net) Finance costs Interest Income on security deposits measured at amortised cost Gain on lease termina tion Bad debts written off Operating profit before working capital changes Working capital adjustments far: (lncrease)/Decrease in Inventories (lncrease)/Dec rease in Trade receivables (lncrease)/Decrease in Other financial assets and other assets (Decrease)/ Increase in Trade payables, other fina ncial liabilit ies and other current liabilities (Decrease)/ Increase in Provisions Cash generated from operations Income tax paid (net of refu nds) Net cash flow from operating activities (A} B. Cash flows from investing activities Capital Expendit ure on Property, Plant and Equipment (PPE), Intangible assets and Capital work in progress (includ ing capital advances and payables) Proceeds from disposal of Property, Plant and Equipment Proceeds from Sale of Mutual Funds Purchase of Mutual Funds Fixed dep'osits in banks matured during the year Fixed deposits in banks placed during the year Interest received on fixed deposits with banks during the year Security deposits placed during the year (net) Net cash flow (used) in investing activities (B) C. Cash flows from financing activities Finance costs paid Payment of lease liability includ ing interest Net cash flow (used) in financing activities (C) Net increase/(decrease) in cash and cash equivalents (A+B+C) Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Initialled For ldentification Purpose Only For the period ended September 30, 2025 (Unaudited) 5,868.76 6,505.41 172.52 23.83 (794.26) {40.93) (7.83) 2,412.81 (160.75) (233.66) 14.31 13,760.21 (402.06) (2,087.99) (1,572.6 1) 949.67 629.51 (2,483.48) 11,276.73 (1,765.74} 9,510.99 (1,961.18) 54.93 4,600.00 (4,000.00) 12,990.48 (14,247.01) 662.13 (491.85) (2,392.50) (0.01) (6,791.74) (6,791.75) 326.74 1,614.02 1,940.76 (Amount" in Lakhs} For the period ended September 30, 2024 (Unaudited) 6,562.33 6,053.17 276.38 (0.85) (711.18) (48.89) 42.44 2,250.15 (145.44) (355.70) 11.01 13,933.42 (1,072.94) (1,515.19) 504.80 793.03 239.57 (1,050.73) 12,882.69 (1,458.64) 11,424.05 (2,332.83) 35.06 4,900.00 (5,275.00) 10,439.14 (13,010.67) 870.57 (206.46) (4,580.19) (0;31) (5,907.29) (5,907.60} 936.26 1,570.62 2,506.88
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GO FASHION (!NOIA) LIMITED CIN: L17291TN2010PLC077303 Registered Office: No. 43/20, Nungambakkam High Road, Nungambakkam, Chennai, Tamil Nadu 600 034 Statement of Unaudited Cash Flow for the Six Months ended September 30, 2025 Particulars Reconciliation of cash and cash equivalents: Cash and cash equivalents as per Balance Sheet TOTAL · Place: Chennai Date : November 07, 2025 Initialled For identification Purpose Only . - o\'\ llNo,f: ~ ~ ;{{ CHENNAI I_'.: I} \.I-- 600 034 ~ 0 y 0 c'», * .> ---"- (Amount a:: In Lakhs) For the period ended For the period ended September 30, 2025 September 30, 2024 (Unaudited} (Unaudited ) 1,940.76 2,506.88 1,940.76 2,506.88 For and on behalf of the Board of Directors Go Fashion (India) limited /7 ·? Gautam Saraogi Executive Director & Chief Executive Officer DIN No: 03209296
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GO FASHION (INDIA) LIMITED CIN: l17291TN2010PLC077303 Registered Office: No. 43/20, Nungambakkam High Road, Nungambakkam, Chennai, Tamil Nadu 600 034 Notes to Statement of Unaudited Financial Results for the Quarter and Six Months ended September 30, 2025 1 The statement of unaudited financial results of Go Fashion (India} Limited (the "Company"} for the quarter and six months ended September 30, 2025 are prepared in accordance with the Indian Accounting Standards 34 "Interim Financial Reporting" ("Ind AS 34"}, notified under section 133 of the Companies Act, 2013 and Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended and the same has been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 7, 2025. The statutory auditors of the Company have carried out a limited review on the financial results for the quarter and six months ended September 30, 2025. 2 The Company's operations predominantly relates to retailing women's bottom-wear. As the Company's business activity falls with in a single business segment, there is no separate reportable segments as per Ind AS 108 "Operating Segments". 3 The financial results for the quarter ended September 30, 2025 are the balancing figures between unaudited figures in respect of quarter ended June 30, 2025 and published year to date figures for the six months ended September 30, 2025 which was subject to limited review by statutory auditors. 4 Previous period's figures have been reclassified wherever necessary to correspond with the current period's classification/disclosure. 5 The Company does not have any subsidiary/associates/joint ventures as on September 30, 2025 and March 31, 2025. 6 This statement is also available on the stock exchange websites www.bseindia.com, www.nseindia.com and on our Company's website www.gocolors.com. Place : Chen nai Date : November 07, 2025 Initialled For identification Purpose Only For and On behalf of the Board of Directors Go Fashion (India) Limited Gautam Saraogi Executive Director & Chief Executive Officer DIN No: 03209296
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Annexure – A Details as required to be disclosed as per the LODR Regulations read with SEBI’s Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 Sl.No. Particulars Details of Appointment 1. Name of the Director Ms. Sakshi Vijay Chopra 2. Director Identification Number (DIN) 07129633 3. Reason for Change viz., appointment / resignation / removal / death or otherwise Appointment of Ms. Sakshi Vijay Chopra (DIN: 07129633) as an Additional Director (Non-Executive, Independent) 4. Date of appointment / re-appointment / cessation and term of appointment / re-appointment 07th November 2025 5. Brief profile Ms. Sakshi focuses on growth stage companies and has advised on investments across a range of consumer, and fintech companies including Five Star Business Finance, Indigo paints, Yubi, Neo, Purplle, HealthKart, and Wakefit. Sakshi began her career with Deutsche Bank, where she worked in the Executive Office of the Global Head of Private and Business Clients in Germany, and later in the Global Transaction Banking business in India, before joining Peak XV (previously sequoia) in 2010. She holds an MBA from the Asian Institute of Management. 6. Disclosure of relationship between Directors None of the Directors of the Company are inter-se related to Ms. Sakshi Vijay Chopra