23 Oct, 2022

Garware Technical Fibres Ltd Q2FY23 consolidated PAT climbs to Rs. 47.77 crores

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

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 363.5020 crores during the period ended September 30, 2022 as compared to Rs. 309.2046 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 47.7712 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 28.1890 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 23.17 for the period ended September 30, 2022 as compared to Rs. 13.67 for the period ended June 30, 2022.
 

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 363.5020 crs ₹309.2046 crs Up Tick / Down Tick17.56%
Net Profit ₹47.7712 crs ₹28.1890 crs Up Tick / Down Tick69.47%
EPS ₹23.17 ₹13.67 Up Tick / Down Tick69.50%


Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 363.5020 crores during the period ended September 30, 2022 as compared to Rs.291.7145 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.47.7712 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.40.8914 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.23.17 for the period ended September 30, 2022 as compared to Rs.19.83 for the period ended September 30, 2021.
 

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 363.5020 crs ₹291.7145 crs Up Tick / Down Tick24.61%
Net Profit ₹47.7712 crs ₹40.8914 crs Up Tick / Down Tick16.82%
EPS ₹23.17 ₹19.83 Up Tick / Down Tick16.84%


Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.672.7066 crores during the 6 Months period ended September 30, 2022 as compared to Rs.540.8658 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.75.9602 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.72.8268 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.36.84 for the 6 Months period ended September 30, 2022 as compared to Rs.35.32 for the 6 Months period ended September 30, 2021.
 

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹672.7066 crs ₹540.8658 crs Up Tick / Down Tick24.38%
Net Profit ₹75.9602 crs ₹72.8268 crs Up Tick / Down Tick4.30%
EPS ₹36.84 ₹35.32 Up Tick / Down Tick4.30%


Shares of Garware Technical Fibres Limited was last trading in BSE at Rs. 3415.10 as compared to the previous close of Rs. 3447.25. The total number of shares traded during the day was 303 in over 173 trades.

The stock hit an intraday high of Rs. 3445.35 and intraday low of 3400.00. The net turnover during the day was Rs. 1036587.00.