Garware Hi Tech Films' Q3 FY 2025-26 Quarterly Results
- 01 Feb 2026
Result Summary
- Garware Hi Tech Films Ltd reported a 18.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 0.8%.
- Its expenses for the quarter were down by 13.2% QoQ and up 1.1% YoY.
- The net profit decreased 38.9% QoQ and decreased 8.3% YoY.
- The earnings per share (EPS) of Garware Hi Tech Films Ltd stood at 24.01 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 475.21 | 583.55 | 478.87 | -18.6% | -0.8% |
Total Expenses | 402.10 | 463.16 | 397.86 | -13.2% | 1.1% |
Profit Before Tax | 73.11 | 120.39 | 81.01 | -39.3% | -9.8% |
Tax | 17.34 | 29.16 | 20.20 | -40.5% | -14.2% |
Profit After Tax | 55.77 | 91.23 | 60.81 | -38.9% | -8.3% |
Earnings Per Share | 24.01 | 39.27 | 26.17 | -38.9% | -8.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Garware Hi Tech Films Ltd is a company engaged in the production of polyester films, which are widely used in various industrial applications. The company operates in the specialty films sector, providing innovative solutions to industries such as packaging, electrical, and electronics, among others. As of the latest data, there are no specific recent major developments mentioned that could further elaborate on the company's strategic movements or expansions. The company's core offerings revolve around manufacturing high-quality, technologically advanced films that cater to diverse industry needs.
Revenue
In the third quarter of the fiscal year 2026, Garware Hi Tech Films Ltd reported a total income of ₹475.21 crores. This marks a decline from the previous quarter (Q2FY26), where the total income was ₹583.55 crores, reflecting a quarter-over-quarter (QoQ) decrease of 18.6%. When compared to the same quarter in the previous fiscal year (Q3FY25), where the total income stood at ₹478.87 crores, there is a slight year-over-year (YoY) decrease of 0.8%. These figures indicate fluctuations in revenue generation over both the quarterly and yearly periods under consideration.
Profitability
For Q3FY26, Garware Hi Tech Films Ltd recorded a profit before tax of ₹73.11 crores, down from ₹120.39 crores in the prior quarter (Q2FY26), representing a QoQ decline of 39.3%. In comparison to Q3FY25, where the profit before tax was ₹81.01 crores, there is a YoY decrease of 9.8%. The tax expense for Q3FY26 was ₹17.34 crores, which decreased by 40.5% from Q2FY26 and by 14.2% from Q3FY25. Consequently, the profit after tax for Q3FY26 was ₹55.77 crores, showing a drop of 38.9% QoQ and 8.3% YoY from the corresponding periods. The earnings per share (EPS) followed a similar trend, with a value of ₹24.01 in Q3FY26, compared to ₹39.27 in Q2FY26 and ₹26.17 in Q3FY25, resulting in the same percentage declines as profit after tax.
Operating Metrics
The financial data indicates that the total expenses for Garware Hi Tech Films Ltd in Q3FY26 amounted to ₹402.10 crores. This represents a reduction from the previous quarter's expenses of ₹463.16 crores, marking a QoQ decrease of 13.2%. However, when compared to Q3FY25, where total expenses were ₹397.86 crores, there is a slight increase of 1.1% YoY. The company's financial performance reflects a decrease in both revenue and profit margins over the given time frames, as shown by the declining trends in profit before and after tax, along with the overall reduction in expenses.