Garware Technical Fibres Limited is a leading manufacturer of technical textiles and specialty fibers based in India. Established in 1976, has emerged as a global player in the industry, offering a wide range of innovative and high performance solutions for various sectors. The company’s core business revolves around the manufacturing and distribution of technical textiles, which find applications in sectors such as agriculture, aquaculture, sports, defense, infrastructure, and geosynthetics. The company specializes in the production of synthetic cordage, such as synthetic ropes and twines, which are known for their strength, durability, and resistance to environmental factors.
- Garware Technical Fibres Limited reported Total Income for Q4 FY23 of ₹378.33 Crore up from ₹361.12 Crore year on year, a growth of 4.8%.
- Total Expenses for Q4 FY23 of ₹299.87 Crore up from ₹289.76 Crore year on year, a growth of 3.5%.
- Consolidated Net Profit of ₹59.66 Crore, up 10.7% from ₹53.89 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹28.95, up from ₹26.14 in the same quarter of the previous year.