Established in 1976, Garware-Wall Ropes (GWRL) is one of India’s leading players in the technical textiles sector, providing specialized solutions to the cordage and infrastructure industry worldwide. The company manufactures and provides world class solutions in high performance polymer ropes, fishing nets, sports nets, safety nets, aquaculture cages, coated fabrics, agricultural netting and geosynthetics.
Financial Results:
Garware Technical Fibres Ltd reported Revenues for Q2FY24 of ₹328.00 Crores down from ₹356.00 Crore year on year, a fall of 7.87%.
Total Expenses for Q2FY24 of ₹270.00 Crores down from ₹302.00 Crores year on year, a fall of 10.6%.
Consolidated Net Profit of ₹52.00 Crores up 8.33% from ₹48.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹25.75, up 11.14% from ₹23.17 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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