Garware Technical Fibres Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
GARFIBRES · price
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Garware Technical Fibres announced its Q1 FY26 results on August 8, 2025. On a standalone basis, revenue from operations was Rs. 34,804 lakhs, down about 2.2% from Rs. 35,601 lakhs in the same quarter last year, while profit after tax was Rs. 5,516 lakhs versus Rs. 5,636 lakhs YoY, giving an EPS of Rs. 5.56. On a consolidated basis, revenue grew about 9.2% YoY to Rs. 36,723 lakhs and profit after tax rose roughly 13.5% to Rs. 5,309 lakhs, helped by the contribution from subsidiaries. The company also disclosed that its UK subsidiary completed the acquisition of two Norwegian companies (Offshore & Trawl Supply AS and Advanced Mooring Supply AS) for NOK 122 million in early July 2025, expanding its global marine cordage footprint. Prior-period EPS figures have been restated to factor in the 4:1 bonus issue carried out in January 2025.
Standalone numbers were slightly soft year-on-year, but consolidated growth from subsidiaries and the newly acquired Norwegian businesses signals improving scale. The international acquisitions could support future topline growth, though integration costs and margin trends will be key things for investors to track in the coming quarters.