Garware Technical Fibres Ltd - 509557 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of newspaper advertisement published in Business Standard (All India) and Loksatta (Pune) editions on Tuesday 28th May 2024 Garware Technical Fibres Ltd - 509557 - Disclosure Of Related Party Transactions For The Half Year Ended 31St March, 2024
Pursuant to the provisions of Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith disclosure of Related Party Transactions for the half year ended 31st March 2024 Q4FY24 Quarterly & FY24 Annual Result Announced for Garware Technical Fibres Ltd.
Textiles company Garware Technical Fibres announced consolidated Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Net Sales increased by 3% to Rs 382.3 crore in Q4FY24 as compared to Rs 370.5 crore in Q4FY23 Profit before tax increased by 17%to Rs 91.5 crore in Q4FY24 as compared to Rs 78.5 crore in the same period last year Net profit after tax has increased by 16% to Rs 69.5 crore in Q4FY24 as against Rs 59.7 crore in the corresponding period of FY23 EPS for Q4 FY24 is at Rs 34.1 this is a growth of 17.4%over Q4FY23 FY24 Financial Highlights: Net Sales increased by 2% to Rs 1325.6 crore in FY24 as compared to Rs 1305.6 crore in FY23 Profit before tax increased by 22% to Rs 271.7 crore in FY24 as compared to Rs 223.2 crore in the same period last year Net profit after tax has increased by 21% to Rs 208.2 crore in FY24 as against Rs 172.2 crore in the corresponding period of FY23 EPS for FY24 is at Rs 102.2 this is a growth of 22% over FY23 In a statement, Vayu Garware, CMD, Garware Technical Fibres said, "Q4FY24 has shown a profit growth of 17% over previous Q4FY23 on account of strong demand from Norway and northern Europe. Operating margins improved by 200 basis points over previous year Q4 on the back of further improved product mix and strong demand for value added solutions. In FY24 the Company was able to cross a milestone of Rs 200 crore PAT and EPS crossing Rs 100/-. Growth in FY24 was fuelled by Aquaculture, Geosynthetics and from the domestic business. Net profit before tax increases by 22% in FY24. Sustained focus on fund generation from operations delivered a strong free cash flow for the year. We look forward for a strong H1FY25 on account of continuing good demand in Aquaculture segment from Chile & Norway for our newer solutions. Geosynthetics business also is expected to continue its growth momentum with good visibility. Result PDF Garware Technical Fibres Ltd - 509557 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to the provisions of Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 8, 2019, please find enclosed herewith the Annual Secretarial Compliance Report of Garware Technical Fibres Limited for the year ended 31st March, 2024. Garware Technical Fibres Ltd - 509557 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We enclose herewith the Press Release being issued today by the Company for your records and display on your Notice Board. Garware Technical Fibres Ltd - 509557 - Corporate Action-Board approves Dividend
The Board of Directors of the Company has recommended a Dividend of Rs. 3.00/- per share (30%) on 1,98,53,169 Equity Shares of Rs. 10/- each for the financial year 2023-24 for approval by the Members of the Company at ensuing Annual General Meeting. Garware Technical Fibres Ltd - 509557 - Announcement under Regulation 30 (LODR)-Dividend Updates
The Board of Directors of the Company has recommended a Dividend of Rs. 3.00/- per share (30%) on 1,98,53,169 Equity Shares of Rs. 10/- each for the financial year 2023-24 for approval by the Members of the Company at ensuing Annual General Meeting. Garware Technical Fibres Ltd - 509557 - Announcement under Regulation 30 (LODR)-Change in Management
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that as per the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company at its meeting held today i.e., Monday 27th May 2024 have resolved to appoint Mr. Ashish Goel (DIN 00147449) as an Additional Director to be designated as Non-executive Independent Director of the Company to hold office for a term of five consecutive years with effect from 28th May 2024 and who shall not be liable to retire by rotation. Garware Technical Fibres Ltd - 509557 - Outcome Of Board Meeting Held On 27Th May, 2024 Including The Audited Standalone And Consolidated Financial Results For The Quarter & Year Ended 31St March, 2024
We refer to the Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and accordingly enclosed herewith: a. The Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March 2024 d. Independent Auditors Report on the Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March 2024. c. Declaration pursuant to SEBI Circular and Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Garware Technical Fibres Ltd - 509557 - Board Meeting Outcome for Outcome Of Board Meeting Held On 27Th May, 2024 Including The Audited Standalone And Consolidated Financial Results For The Quarter & Year Ended 31St March, 2024
Outcome of Board Meeting held on 27th May, 2024 including the Audited Standalone and Consolidated Financial Results for the quarter & year ended 31st March, 2024