Garware Technical Fibres consolidated net profit rises 16.57% in the March 2024 quarter

Sales rise 3.18% to Rs 382.27 crore

Net profit of Garware Technical Fibres rose 16.57% to Rs 69.56 crore in the quarter ended March 2024 as against Rs 59.67 crore during the previous quarter ended March 2023. Sales rose 3.18% to Rs 382.27 crore in the quarter ended March 2024 as against Rs 370.49 crore during the previous quarter ended March 2023.

For the full year,net profit rose 20.90% to Rs 208.19 crore in the year ended March 2024 as against Rs 172.20 crore during the previous year ended March 2023. Sales rose 1.54% to Rs 1325.61 crore in the year ended March 2024 as against Rs 1305.55 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales382.27370.49 3 1325.611305.55 2 OPM %23.9021.51 -20.4917.58 - PBDT98.2384.30 17 297.60245.49 21 PBT91.4878.46 17 271.71223.18 22 NP69.5659.67 17 208.19172.20 21

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