Garware Technical Fibres Reports 13.5% Increase in Q1FY26 Net Profit

Garware Technical Fibres Ltd., a leading manufacturer of technical textiles, announced its unaudited financial results for the quarter ended June 30, 2025. The company's net sales increased by 9% to Rs. 367.2 Cr in Q1FY26 compared to Rs. 336.2 Cr in Q1FY25. Profit before tax increased by 13.4% to Rs. 70.4 Cr in Q1FY26 compared to Rs. 62.1 Cr in the same period last year. Net profit after tax has increased by 13.5% to Rs. 53.1 Cr in Q1FY26 as against Rs. 46.8 Cr in the corresponding period of FY25. The company's EPS for Q1 FY26 is at Rs. 5.35, a growth of 13.6% over Q1 FY25. The company's growth is driven by the Geosynthetics business and the International Fisheries segment. However, the company has concerns about significant tariffs imposed by the USA and ongoing geopolitical tensions.