Garware Technical Fibres spurts after Q1 PAT rises 21% YoY
Mumbai, Aug. 6 -- The company's consolidated profit after tax increased 21.5% YoY and 12.9% QoQ to Rs 64.60 crore in Q1 FY27.
Net sales rose 31.4% YoY and 13.1% QoQ to Rs 482.37 crore in the quarter ended 30 June 2026. Total income increased 29.3% YoY and 13.2% QoQ to Rs 491.30 crore.
Profit before tax stood at Rs 86.37 crore in Q1 FY27, up 22.7% YoY and 10.8% QoQ.
The company said revenue growth was primarily driven by strong performance in its Synthetic Cordage business, supported by healthy domestic demand, robust growth in the salmon aquaculture business and a return to normal operations in the US following tariff-related disruptions. The Geosynthetics business also maintained strong growth momentum and continued to deliver healthy...
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