Garware Technical Fibres Declares Consolidated Net Profit of Rs. 31.99 Cr in Q2FY26, Announces Interim Dividend of Rs 8/- per Equity Share

Garware Technical Fibres Ltd., a leading manufacturer of technical textiles, announced its unaudited financial results for the quarter and half year ended September 30, 2025. The company's consolidated net sales declined by 17.3% to Rs. 347.9 Cr in Q2FY26 as compared to Rs. 420.6 Cr in Q2FY25. The profit before tax declined to Rs. 45.7 Cr in Q2FY26 as compared to Rs. 87.7 Cr in the same period last year. The net profit after tax has declined to Rs. 31.99 Cr in Q2FY26 as against Rs. 66 Cr in the corresponding period of FY25. The EPS for Q2 FY26 is at Rs. 3.22. The net sales declined by 5.5% to Rs. 715.1 Cr in H1FY26 as compared to Rs. 756.8 Cr in H1FY25. The profit before tax declined to Rs. 116.0 Cr in H1FY26 as compared to Rs. 149.7 Cr in the same period last year. The net profit after tax has declined to Rs. 85.1 Cr in H1FY26 as against Rs. 112.7 Cr in the corresponding period of FY25. The EPS for H1 FY26 is at Rs. 8.57. The company expects to catch up a significant part of the back log by the year end.