Garware Hi-Tech Films Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting
14-05-2025 | 02:35 pm
14-05-2025 | 02:35 pm
Garware Hi-Tech Films has announced a board meeting on May 14, 2025, approving consolidated financial results for FY25. Revenue hit a record ₹2,109.4 Cr, up 25.8% YoY, while PAT soared 62.9% to ₹331.2 Cr. EBITDA climbed 54.3% to ₹495.5 Cr, driven by strong demand in Sun Control Films, Paint Protection Films, and Industrial Products. A final dividend of ₹12 per share was proposed. The board appointed J.H. Mehta & Co. as Joint Statutory Auditors and re-appointed Deloitte as Internal Auditors. Capacity expansions in PPF and TPU extrusion lines are in progress to fuel further growth.
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