| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 350.72 | 16.6% |
| Total Income | 359.60 | 16.4% |
| Expenditure | 297.67 | 13.1% |
| PBT | 61.93 | 29.4% |
| Net Profit | 47.79 | 27.5% |
| OPM | 11.82% | 3.52pp |
| NPM | 13.28% | 2.05pp |
| EPS | 24.00 | 27.5% |
Garware Technical Fibres Consolidated Net Profit Before Tax Increases by 17% in 9M FY25
10 Feb 2025 · 10 Feb 2025, 08:41 pm
Summary
Garware Technical Fibres Ltd., a leading manufacturer of technical textiles, announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company's consolidated net sales increased by 21% to Rs. 350.7 Cr in Q3FY25 and by 17% to Rs. 1107.5 Cr in 9MFY25. The profit before tax increased by 13% to Rs. 61.9 Cr in Q3FY25 and by 17% to Rs. 211.7 Cr in 9MFY25. The net profit after tax has increased by 10% to Rs. 47.8 Cr in Q3FY25 and by 16% to Rs. 160 Cr in 9MFY25.
Key Highlights
- 1
Net Sales increased by 21% to Rs. 350.7 Cr in Q3FY25
- 2
Profit before tax increased by 13% to Rs. 61.9 Cr in Q3FY25
- 3
Net profit after tax has increased by 10% to Rs. 47.8 Cr in Q3FY25
- 4
Net Sales increased by 17% to Rs. 1107.5 Cr in 9MFY25
- 5
Profit before tax increased by 17% to Rs. 211.7 Cr in 9MFY25
Management Comments
Mr. Vayu Garware
Q3 FY25 has shown a good Top-line growth of 21% over Q3 FY24. A significant part of the growth in Q3 revenue is led by the Geosynthetics business followed by Aquaculture. Operating EBIDTA for Q3 FY25 has shown a similar 21% growth over Q3 FY24. PBT growth has been impacted to some extent by lower other income. Profit before tax grew by 17% in 9M FY25 against the previous year 9MFY24 and operating EBIDTA has grown by 22 % over 9MFY24 which is on track on our plans. Based on current visibility we expect the full year outlook to be positive.
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