GKB Ophthalmics Ltd reduces production and manpower at Goa plant

GKB Ophthalmics Ltd's Plant at Tivim Industrial Estate, Mapusa, Goa has gradually reduced its production to 50% on account of fewer number of orders due to sluggish market demand and the complete stoppage of export orders from our Subsidiary Company in USA from the month of October 2025 onwards, due to heavy imposition of tariffs.

Further,the Company is being reducing its manpower by releasing its temporary workers in a phased manner in order to cut down its labour cost.

Incidentally, the Company has been selected by "The Plastic Export promotion Council, Department of Commerce, Government of India, to receive the Export Excellence Award in the "Hard Resilene Lenses" Category for the Company's exceptional performance in exports for the previous years 2023-24 and 2024-25.

The Company will review its situation in the coming months and accordingly plan its business operations.

Shares of GKB OPHTHALMICS LTD. was last trading in BSE at Rs. 67.32 as compared to the previous close of Rs. 65.93. The total number of shares traded during the day was 414 in over 18 trades.

The stock hit an intraday high of Rs. 67.40 and intraday low of 65.00. The net turnover during the day was Rs. 27490.00.

Source : Equity Bulls

Keywords

GKBOPHTHALMICS INE265D01015 HealthcareServices GoaPlant ProductionReduced ManpowerReduction