Garware Marine Q1 FY27 results: profit turnaround, new Independent Director appointed

Revenue Growth 20pctPat Growth 25pctResults RestatedResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

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₹21.20

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-3.0% vs market

Other Textile Products peers, median of 187sector-0.4%-2.2% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 2.2 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 187Pending

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AI summary

Board meeting on Aug 12, 2026 approved Q1 FY27 unaudited results. Profit of about Rs 7.37 lakhs versus a loss of Rs 4.59 lakhs in Q1 FY26, marking a turnaround. Revenue from operations grew sharply year-on-year. EPS at Rs 0.13 (basic and diluted) vs Rs 0.10 year-ago. Board appointed Mr. Hasan A. Bhinderwala as Additional Independent Director for 5 years and fixed Sept 23, 2026 for the 48th AGM via video conferencing.

Likely market impact

Return to profit and strong revenue growth are positive; absolute profit remains small, suggesting an early-stage turnaround.