'Net sales (including other operating income) of
Garware Hi Tech Films has increased 2.81% to Rs 466.37 crore despite facing
industry headwinds and seasonal fluctuations.
Operating profit margin has jumped from 16.56% to
17.40%, leading to 8.08% rise in operating profit to Rs 81.17 crore supported
by the sale of value-added products..
Raw material cost as a % of total sales (net of stock adjustments)
decreased from 50.05% to 46.56%.
Employee cost increased from 8.17% to 9.65%. Other expenses rose from 25.29% to
26.42%.
Other income rose 31.72% to Rs 12.5 crore.
PBIDT rose 10.73% to Rs 93.67 crore. Provision for interest rose 28.19% to Rs 2.41
crore.
PBDT rose 10.34% to Rs 91.26 crore.
Provision for depreciation rose 5.13% to Rs
10.25 crore.
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