Garware Hi Tech Films has received revision in credit ratings from CARE Ratings as under:Long term bank facilities - CARE AA-/ Stable (revised from CARE A+/ Stable) Short term bank facilities - CARE A1+ (reaffirmed)Powered by Capital Market - Live News

Garware Hi Tech Films announced that the Board of Directors of the Company at its meeting held on 29 May 2024, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Garware Hi Tech Films announced that the Board of Directors of the Company at its meeting held on 29 May 2024, has recommended a Final dividend of Rs.10 per share (i.e.100%), subject to the approval of the shareholders.Powered by Capital Market - Live News

The Board of Garware Hi Tech Films at its meeting held on 29 May 2024 has approved the capacity addition for new PPF line at Waluj, Chhatrapati Sambhaji Nagar, Maharashtra.Powered by Capital Market - Live News

Net profit of Garware Hi Tech Films rose 34.22% to Rs 57.81 crore in the quarter ended March 2024 as against Rs 43.07 crore during the previous quarter ended March 2023. Sales rose 27.96% to Rs 446.58 crore in the quarter ended March 2024 as against Rs 349.01 crore during the previous quarter ended March 2023.For the full year,net profit rose 22.36% to Rs 203.29 crore in the year ended March 2024 as against Rs 166.14 crore during the previous year ended March 2023. Sales rose 16.62% to Rs 1677.02 crore in the year ended March 2024 as against Rs 1438.01 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales446.58349.01 28 1677.021438.01 17 OPM %17.5115.25 -16.8115.80 - PBDT87.7865.71 34 309.27252.36 23 PBT78.0756.15 39 270.25219.95 23 NP57.8143.07 34 203.29166.14 22 Powered by Capital Market - Live News