Garware Technical Fibers net profit in Q1 FY2021-22 declined 39.99 per cent to Rs 31.93 crore from Rs 53.21 crore in Q4 FY2020-21. The company’s total income during the quarter declined by 26.96 per cent to 249.15 crore as compared to Rs.341.10 crore during Q4 FY2020-21 that ended March 31, 2021.
On a Year-on-Year basis, the company’s net profit increased by 80.6 per cent to Rs 31.93 crore from Rs 17.68 crore in Q1 FY2020-21. The company’s income grew by 52.01 per cent to 249.15 crore from Rs.163.90 crore in Q1FY2020-21.
The company’s EPS grew by 91.71 per cent to Rs.15.49 during the first quarter of FY2021-22 as compared to Rs.8.08 for the first quarter of FY2020-21.
