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Share the post "Garware Technical Fibres ‘s Q3 2024-25 Latest News: Revenue Grows by 21.2% YoY"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 21.2 % in the past year, decrease in net sales/revenue by -16.61 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -20.79 %, Marginal decrease of -8.12% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Garware Technical Fibres Limited. Notable increase of 10.44 % in net profit Year to Year, Garware Technical Fibres Limited’s profitability dropped by -27.48 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS increased by 464.71 % Year to Year. EPS increased by 262.54 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 289.373 Cr | Rs. 420.588 Cr | Rs. 350.719 Cr | -16.61 % | + 21.2 % |
| Expenses | Rs. 235.89 Cr | Rs. 329.2 Cr | Rs. 286.07 Cr | -13.1 % | + 21.27 % |
| Operating Profit | Rs. 53.48 Cr | Rs. 91.39 Cr | Rs. 64.65 Cr | -29.26 % | + 20.89 % |
| OPM % | 18.48 % | 21.73 % | 18.43 % | -3.3 % | -0.05 % |
| Other Income | Rs. 11.231 Cr | Rs. 9.682 Cr | Rs. 8.896 Cr | -8.12 % | -20.79 % |
| Interest | Rs. 2.95 Cr | Rs. 6.43 Cr | Rs. 4.32 Cr | -32.81 % | + 46.44 % |
| Depreciation | Rs. 6.74 Cr | Rs. 7.04 Cr | Rs. 7.27 Cr | + 3.27 % | + 7.86 % |
| Profit before tax | Rs. 55.02 Cr | Rs. 87.6 Cr | Rs. 61.96 Cr | -29.27 % | + 12.61 % |
| Tax % | 21.37 % | 24.76 % | 22.87 % | -1.89 % | + 1.5 % |
| Net Profit | Rs. 43.27 Cr | Rs. 65.9 Cr | Rs. 47.79 Cr | -27.48 % | + 10.45 % |
| EPS in Rs | Rs. 4.25 | Rs. 6.62 | Rs. 24 | + 262.54 % | + 464.71 % |
Today, we’re looking at Garware Technical Fibres Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 21.2 %. However, it did see a marginal slip of -16.61 % from the previous quarter. Expenses decreased slightly by -13.1 % quarter-on-quarter, aligning with the annual rise of 21.27 %. Operating profit, while up 20.89 % compared to last year, faced a quarter-on-quarter dip of -29.26 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.05 %, but a shrinkage of -3.3 % sequentially. Other income fell by -8.12 % compared to the last quarter, despite an annual decline of -20.79 %. Interest expenses dropped significantly by -32.81 % from the previous quarter, yet the year-over-year increase remains at a moderate 46.44 %. Depreciation costs climbed by 3.27 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.86 %. Profit before tax grew annually by 12.61 % but saw a reduction from the preceding quarter by -29.27 %.
Tax expenses as a percentage of profits increased slightly by 1.5 % compared to last year, with a more notable quarter-on-quarter decrease of -1.89 %. Net profit rose by 10.45 % year-on-year but witnessed a -27.48 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 464.71 % but a quarterly rise of 262.54 %. In summary, Garware Technical Fibres Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 289.373 Cr | Rs. 420.588 Cr | Rs. 350.719 Cr | -16.61 % | + 21.2 % |
| Expenses | Rs. 235.89 Cr | Rs. 329.2 Cr | Rs. 286.07 Cr | -13.1 % | + 21.27 % |
| Operating Profit | Rs. 53.48 Cr | Rs. 91.39 Cr | Rs. 64.65 Cr | -29.26 % | + 20.89 % |
| Net Profit | Rs. 43.27 Cr | Rs. 65.9 Cr | Rs. 47.79 Cr | -27.48 % | + 10.45 % |
| EPS in Rs | Rs. 4.25 | Rs. 6.62 | Rs. 24 | + 262.54 % | + 464.71 % |
In reviewing Garware Technical Fibres Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.2 % year-on-year growth, although there was a slight dip of -16.61 % from the previous quarter. Expenses rose by 21.27 % compared to the previous year, with a decrease of -13.1 % quarter-on-quarter. Operating Profit surged by 20.89 % annually, and saw a -29.26 % decrease from the last quarter.
Net Profit showed yearly increase of 10.45 %, and experienced a -27.48 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 464.71 % annually, however rose by 262.54 % compared to the last quarter. In essence, while Garware Technical Fibres Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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