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The company registered steady performance with a rise in net profit by 11 percent on YoY basis and improved traction in revenues during Q4FY23 driven by better demand for new aquaculture products in Chile and Scotland.
EPS for Q1 FY23 is at Rs13.67 this is a de-growth of 11.7% over Q1 FY22.
The company's PAT stood at Rs 17.7 crore in the corresponding period of FY21, Garware Technical Fibres said in a statement
Garware Technical Fibres Q3 net profit rises 49% to ₹43.2 cr February 15, 2021 Net sales too climbed 18.1% to ₹278.43 cr Garware Technical Fibres Ltd (formerly Garware Wall Ropes Ltd), a leading manufacturer of technical textiles for the Indian and global markets, said net profit for the third quarter ending December 2020 increased 49 per cent to ₹43.2 crore year-on-year. It had registered a net profit of ₹28.9 crore in the corresponding period of the previous year. Net sales increased by 18.1 per cent to ₹278.43 crore in Q3 FY21 compared to ₹235.78 crore in Q3 FY20. Profit befor...
Garware Technical Fibres net profit before tax increases by 54.1%in Q3 FY21 Posted On: 2021-02-11 03:04:18 (Time Zone: Arizona, USA) Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), a leading manufacturer of technical textiles for the Indian and global markets, today announced its financial results for the Quarter and Nine months ended December 31, 2020. Consolidated: Q3 FY21Highlights: - Net Sales increased by 18.1%to Rs. 278.43 Cr in Q3 FY21as compared to Rs. 235.78 Cr in Q3 FY20 - Profit before tax increased by 54.1%to Rs. 59.0 Cr in Q3 FY21as compared to Rs. 38.3 Cr ...