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Garware Hi Tech Films held a conference call on 10 February 2025 to discuss the results for the quarter ended December 2024 and way forward. Mr. Mohan S. Adsul, Director-Technical, Mr Deepak Joshi, Director of Sales and Marketing, Mr A. Venkataraman, Senior President, Corporate Affairs and Finance, and Mr Abhishek Agarwal, Chief Financial Officer of the company addressed the call.
Highlights of the Concall
- Q3FY25 Revenue from operations remained stable at Rs 466.4 crore, an increase of 2.8% YoY, despite facing industry headwinds and seasonal fluctuations. EBITDA grew by 10.7% YoY, supported by the sale of value-added products. Overall, PAT stood at Rs 60.8 crore, an increased by 8.8% YoY.
- The company has approved an investment of Rs 118 crore in TPU extrusion line with an annual capacity of 360 LSF at its Waluj Plant and the production is set to commence by October 2026. This line will enhance its manufacturing capabilities, optimize operationa...
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