| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 387.25 | 11.3% | 10.4% |
| Total Income | 404.95 | 13.3% | 12.6% |
| Expenditure | 329.54 | 5.8% | 10.7% |
| PBT | 75.40 | 65.2% | 21.8% |
| Net Profit | 56.34 | 76.5% | 17.9% |
| OPM | 18.29% | 4.37pp | 6.47pp |
| NPM | 13.91% | 4.97pp | 0.63pp |
| EPS | 5.66 | 75.8% | 76.4% |
Garware Technical Fibres Declares Q3FY26 Net Profit Before Tax of Rs. 75.4 Cr, Up by 21.8%
11 Feb 2026 · 11 Feb, 5:52 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, 2025. The company saw a 10.4% increase in net sales in Q3FY26 and a 21.8% increase in profit before tax in the same period. However, the net profit after tax increased by 17.6% and the EPS increased by 17.7%. The full year net sales declined by 0.5% and the profit before tax declined to Rs. 191.5 Cr.
Key Highlights
- 1
Net Sales increased by 10.4% to Rs. 387.2 Cr in Q3FY26
- 2
Profit before tax increased by 21.8% to Rs.75.4 Cr in Q3FY26
- 3
Net profit after tax increased by 17.6% to Rs. 56.2 Cr in Q3FY26
- 4
EPS increased by 17.7 % to Rs. 5.66/- in Q3 FY26
- 5
Net Sales declined by 0.5% to Rs. 1102.4 Cr in gMFY26
- 6
Profit before tax declined to Rs. 191.5 Cr in gMFY26
- 7
Net profit after tax has declined to Rs.141.3 Cr in gMFY26
- 8
EPS for gM FY26 is at Rs. 14.23
Management Comments
Mr. Vayu Garware
CMD, Garware Technical Fibres Ltd.
Our financial performance has come on track in Q3FY26 after a challenging Q2, driven by a one-time event which led to a significant decline in North European Salmon Aquaculture orders. Order flow is now normalized and we are working to ship and bill as much as possible in the rest of FY26. In this quarter, we saw good results in Chile, international value added ropes business and significant growth in domestic business. However, USA duties has impact on our profitability margins for Q3 and some impact will be seen in Q4 as well. We have worked closely to retain all our US customers. With recent announcements for relaxation in USA tariffs, going forward we expect to return back to original margins and ordering cycles in the coming quarters. The Geosynthetics business continues excellent growth momentum on profitability as well as ROCE. New product launched in Norway in Hi are receiving a very positive response from the market through good order flows from our largest customers. We are rolling out these products in other markets as well. With better visibility in the Salmon Aquaculture business and resolution of USA Tariff issues, we are confident that we should be able to come back on healthy profit growth in the coming year.
Informational and educational content only. Not investment advice.