Garware Technical Fibres Limited — Updates, 10-02-2025: Press Release
Garware Technical Fibres reported strong financial performance for Q3 and the first nine months of FY25. In Q3, net sales surged by 21% to ₹350.7 Cr, and profit before tax rose 13% to ₹61.9 Cr. Net profit after tax increased by 10% to ₹47.8 Cr, with earnings per share (EPS) growing to ₹24. For the nine-month period, net sales climbed 17% to ₹1,107.5 Cr, and profit before tax jumped 17% to ₹211.7 Cr, while net profit after tax reached ₹160 Cr, marking a 16% increase. EPS for 9MFY25 stood at ₹80.64, an 18% growth. Management highlighted growth driven by the Geosynthetics and Aquaculture sectors, with operating EBITDA for Q3 and 9M on track. The positive outlook suggests continued momentum, making it an interesting prospect for investors to watch closely.
