Stock Report

Garware Technical Fibres Ltd Q4FY23 consolidated PAT up at Rs. 59.66 crores

Posted On : 2023-05-22 23:07:37( TIMEZONE : IST )

Garware Technical Fibres Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 378.3308 crores during the period ended March 31, 2023 as compared to Rs. 282.4159 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 59.6668 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 36.5728 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 28.95 for the period ended March 31, 2023 as compared to Rs. 17.74 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹378.3308 crs	₹282.4159 crs	33.96%
Net Profit	₹59.6668 crs	₹36.5728 crs	63.15%
EPS	₹28.95	₹17.74	63.19%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.378.3308 crores during the period ended March 31, 2023 as compared to Rs.361.1277 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.59.6668 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.53.8907 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.28.95 for the period ended March 31, 2023 as compared to Rs.26.14 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹378.3308 crs	₹361.1277 crs	4.76%
Net Profit	₹59.6668 crs	₹53.8907 crs	10.72%
EPS	₹28.95	₹26.14	10.75%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1333.4533 crores during the Financial Year ended March 31, 2023 as compared to Rs.1214.9386 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.172.1997 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.164.7805 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.83.54 for the Financial Year ended March 31, 2023 as compared to Rs.79.92 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹1333.4533 crs	₹1214.9386 crs	9.75%
Net Profit	₹172.1997 crs	₹164.7805 crs	4.50%
EPS	₹83.54	₹79.92	4.53%

Shares of Garware Technical Fibres Limited was last trading in BSE at Rs. 2989.35 as compared to the previous close of Rs. 3007.30. The total number of shares traded during the day was 778 in over 291 trades.

The stock hit an intraday high of Rs. 3029.80 and intraday low of 2973.80. The net turnover during the day was Rs. 2324649.00.