Garware Technical Fibres Reports 13.5% Growth In PAT For FY25

Garware Technical Fibres Ltd., a leading manufacturer of technical textiles for domestic and global markets, has reported a 13.5% year-on-year (YoY) increase in consolidated profit before tax (PBT) for FY25. The company’s audited results for the financial year ended March 31, 2025, reflect robust performance across key business verticals, particularly in geosynthetics and aquaculture.

For FY25, consolidated net sales rose by 16.2% to Rs 1,540.11 crore from Rs 1,325.61 crore in FY24. Operating EBIDTA grew 17% to Rs 318.77 crore, while PBT reached Rs 308.45 crore, up from Rs 271.71 crore. Net profit after tax increased by 10% to Rs 231.54 crore, and earnings per share (EPS) improved by 10.7% to Rs 23.32. The company also reported a 4% improvement in ROCE, rising from 21.4% in FY24 to 25.2% in FY25.

In Q4 FY25, the company recorded a 13% increase in net sales to Rs 432.55 crore. Operating EBIDTA grew by 8% to Rs 98.26 crore, while PBT rose by 5.8% to Rs 96.78 crore. Net profit after tax for the quarter stood at Rs 71.05 crore, up 1.4% YoY.

Commenting on the performance, Vayu Garware, Chairman and Managing Director of Garware Technical Fibres Ltd, said, “Q4 FY25 has shown a sales growth of 13% over Q4 FY24. A significant part of the growth in Q4 revenue is led by the geosynthetics business and aquaculture in Chile. PBT growth has been impacted significantly due to lower other income. FY25 has been a year of strong growth of 16% in topline over FY24. Geosynthetics business continues its exponential growth in FY25 as well. Operating EBIDTA for FY25 has shown a 17% growth over FY24. Profit before tax grew by 13.52% in FY25 over FY24 primarily due to reductions in other income. We are happy with the overall performance in FY25 and look forward to a strong FY26.”