{"id":142569,"date":"2023-02-09T11:25:00","date_gmt":"2023-02-09T16:25:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142569"},"modified":"2023-02-22T11:38:51","modified_gmt":"2023-02-22T16:38:51","slug":"earnings-summary-of-garware-technical-fibres-limited-for-q3-fy23","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-summary-of-garware-technical-fibres-limited-for-q3-fy23\/","title":{"rendered":"Earnings Summary Of Garware Technical Fibres Limited For Q3 FY23"},"content":{"rendered":"<p><a href=\"https:\/\/garwarefibres.com\/\" target=\"_blank\" rel=\"noopener\">Garware Technical Fibres Limited<\/a> (NSE: <a href=\"https:\/\/44.250.171.167\/symbol\/garfibres\/\">GARFIBRES<\/a>) is a leading manufacturer of technical textiles and specialty fibers used in various industries such as fisheries, aquaculture, agriculture, defense, and infrastructure. The company has a strong presence in India and exports its products to over 75 countries worldwide. Garware Technical Fibres has manufacturing facilities located in India, the United States, and Thailand.<\/p>\n<p>In terms of earnings, Revenue from Operations for Q3 FY23 was \u20b9274.58 crore, a 12% increase from \u20b9308.13 crore in the same period last year. The third quarter\u2019s Synthetic Cordage segment, which contributed \u20b9239.97 Crore to the Total Revenue. Meanwhile, the Fibre &amp; Industrial Product segment improved to \u20b939.29 Crore from \u20b937.77 Crore from the same quarter previous year. The Consolidated Net Profit was \u20b936.57 crore, down 4% from \u20b938.06 crore in the same quarter last year. This quarter\u2019s earnings per share was \u20b917.74. In the same time period, the company\u2019s Tax Expense increased up to \u20b919 Crore from \u20b912.8 Crore.<\/p>\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-19-1024x640.png\" alt=\"\" class=\"wp-image-142570\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-19-1024x640.png 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-19-300x187.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-19-768x480.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-19-1536x960.png 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-19-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Garware Technical Fibres Limited (NSE: GARFIBRES) is a leading manufacturer of technical textiles and specialty fibers used in various industries such as fisheries, aquaculture, agriculture, defense, and infrastructure. The company has a strong presence in India and exports its products to over 75 countries worldwide. Garware Technical Fibres has manufacturing facilities located in India, the [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392],"tags":[11529],"class_list":["post-142569","post","type-post","status-publish","format-standard","hentry","category-earnings","tag-fibres"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":140953,"url":"https:\/\/alphastreet.com\/india\/garware-fibres-q3-fy23-revenue-down-by-11-year-on-year\/","url_meta":{"origin":142569,"position":0},"title":"Garware Fibres Q3 FY23; Revenue Down By 11% Year On Year","author":"Hardik Bhandare","date":"February 9, 2023","format":false,"excerpt":"Garware Technical Fibres Limited (NSE: GARFIBRES) reported Revenue from Operations for Q3 FY23 of \u20b9274.58 Crore up from \u20b9308.13 Crore year on year, a decline of 11%. Consolidated Net Profit of \u20b936.57 Crore, down 4% from \u20b938.06 Crore in the same quarter of the previous year. The Earnings per Share\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/8c9ed5c4-c2f1-4871-8854-47cd67fa859d-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/8c9ed5c4-c2f1-4871-8854-47cd67fa859d-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/8c9ed5c4-c2f1-4871-8854-47cd67fa859d-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/8c9ed5c4-c2f1-4871-8854-47cd67fa859d-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/8c9ed5c4-c2f1-4871-8854-47cd67fa859d-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/8c9ed5c4-c2f1-4871-8854-47cd67fa859d-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":147024,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-garware-technical-fibres-limited-for-q4-fy23-2\/","url_meta":{"origin":142569,"position":1},"title":"Earnings Summary Of Garware Technical Fibres Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 22, 2023","format":false,"excerpt":"Garware Technical Fibres Limited reported Total Income for Q4 FY23 of \u20b9378.33 Crore up from \u20b9361.12 Crore year on year, a growth of 4.8%. Consolidated Net Profit of \u20b959.66 Crore, up 10.7% from \u20b953.89 Crore in the same quarter of the previous year. The Earnings per Share is \u20b928.95, up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/95c354b4-3760-4a17-a2f2-535127980c56.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/95c354b4-3760-4a17-a2f2-535127980c56.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/95c354b4-3760-4a17-a2f2-535127980c56.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/95c354b4-3760-4a17-a2f2-535127980c56.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/95c354b4-3760-4a17-a2f2-535127980c56.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/95c354b4-3760-4a17-a2f2-535127980c56.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":147019,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-garware-technical-fibres-limited-for-q4-fy23\/","url_meta":{"origin":142569,"position":2},"title":"Earnings Summary Of Garware Technical Fibres Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 22, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-17.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-17.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-17.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-17.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-17.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-17.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143751,"url":"https:\/\/alphastreet.com\/india\/garware-technical-fibers-a-technical-textile-manufacturing-company\/","url_meta":{"origin":142569,"position":3},"title":"Garware Technical Fibers: A Technical Textile Manufacturing Company","author":"Hardik Bhandare","date":"April 17, 2023","format":false,"excerpt":"\u201cThe current quarter results have been impacted due to delay in orders from our customers in the industrial and sports businesses on account of recessionary pressures in Europe and the USA. We saw customers adjusting stocks in the third quarter significantly. We expect this to be short term in nature\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/8d54de62-75f6-4cc5-bbde-28f98361827b-4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/8d54de62-75f6-4cc5-bbde-28f98361827b-4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/8d54de62-75f6-4cc5-bbde-28f98361827b-4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/8d54de62-75f6-4cc5-bbde-28f98361827b-4.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/8d54de62-75f6-4cc5-bbde-28f98361827b-4.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/8d54de62-75f6-4cc5-bbde-28f98361827b-4.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172474,"url":"https:\/\/alphastreet.com\/india\/garware-technical-q2-fy26-earnings-results\/","url_meta":{"origin":142569,"position":4},"title":"Garware Technical\u00a0Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"November 18, 2025","format":false,"excerpt":"Garware Technical Fibres Ltd, a leading player in India\u2019s technical textiles sector, specializing in high-performance polymer ropes, fishing nets, and geosynthetics, reported weaker financial performance for Q2FY26. Financial Highlights: Revenues declined 17.34% year-on-year to \u20b9348 crore from \u20b9421 crore. Total expenses decreased 9.06% to \u20b9311 crore from \u20b9342 crore. Consolidated\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GAR.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GAR.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GAR.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GAR.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GAR.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GAR.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153524,"url":"https:\/\/alphastreet.com\/india\/garware-technical-fibres-ltd-q1fy24-54-rise-in-profits\/","url_meta":{"origin":142569,"position":5},"title":"Garware Technical Fibres Ltd Q1FY24; 54% rise in Profits","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"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,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-948.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-948.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-948.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-948.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-948.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-948.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142569"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142569\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}