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28-May-2024

Garware Technical Fibres

Expect a strong H1FY25


'Consolidated net sales (including other operating income) of Garware Technical Fibres has increased 3.18% to Rs 382.27 crore.  Sales of Synthetic segment has gone up 8.90% to Rs 334.74 crore (accounting for 85.78% of total sales).  Sales of Fiber & Industrial segment has gone down 20.49% to Rs 55.51 crore (accounting for 14.22% of total sales).  Inter-segment sales rose Rs 6.72 crore to Rs 7.98 crore. 

Profit before interest, tax and other unallocable items (PBIT) has jumped 10.58% to Rs 92.99 crore.  PBIT of Synthetic segment rose 10.45% to Rs 83.05 crore (accounting for 89.31% of total PBIT).  PBIT of Fiber & Industrial segment rose 11.65% to Rs 9.94 crore (accounting for 10.69% of total PBIT). 

PBIT margin of Synthetic segment rose from 24.46% to 24.81%.&nb...



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