'Net sales (including other operating income) of
Garware Hi Tech Films has increased 56.27% to Rs 620.58 crore driven by
significant growth in the Sun Control Films (SCF), Paint Protection Films (PPF)
and Industrial Products Division (IPD) segments led by focused efforts in Sales
and Marketing and addition of newer geographies.
Operating profit margin has jumped from 16.34% to
22.05%, leading to 110.93% rise in operating profit to Rs 136.83 crore
supported by the sale of value-added products across all segments.
Raw material cost as a % of total sales (net
of stock adjustments) decreased from 49.81% to 47.40%. Employee cost decreased from 7.91% to
7.25%. Other expenses fell from 26.71%
to 22.37%. Power and Oil fuel cost fell
from 7.39% to 5.86%.
Other income rose 49.02% to Rs 13.65 crore.
PBIDT rose 103.27% to Rs ...
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