05 Aug, 2022

Garware Technical Fibres Ltd Q1FY23 consolidated net profit declines to Rs. 28.18 crores

Garware Technical Fibres Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 309.2045 crores during the period ended June 30, 2022 as compared to Rs. 361.1277 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 28.1889 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 53.8907 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 13.67 for the period ended June 30, 2022 as compared to Rs. 26.14 for the period ended March 31, 2022.
 

FinancialsQ1 FY2023Q4 FY2022% Change

Total Income₹ 309.2045 crs₹361.1277 crsUp Tick / Down Tick-14.38%

Net Profit₹28.1889 crs₹53.8907 crsUp Tick / Down Tick-47.69%

EPS₹13.67₹26.14Up Tick / Down Tick-47.70%


Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 309.2045 crores during the period ended June 30, 2022 as compared to Rs.249.1513 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.28.1889 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.31.9357 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.13.67 for the period ended June 30, 2022 as compared to Rs.15.49 for the period ended June 30, 2021.
 

FinancialsQ1 FY2023Q1 FY2022% Change

Total Income₹ 309.2045 crs₹249.1513 crsUp Tick / Down Tick24.10%

Net Profit₹28.1889 crs₹31.9357 crsUp Tick / Down Tick-11.73%

EPS₹13.67₹15.49Up Tick / Down Tick-11.75%


Shares of Garware Technical Fibres Limited was last trading in BSE at Rs. 3226.80 as compared to the previous close of Rs. 3247.50. The total number of shares traded during the day was 350 in over 194 trades.

The stock hit an intraday high of Rs. 3310.25 and intraday low of 3217.10. The net turnover during the day was Rs. 1137139.00.