Garware Technical Fibres Ltd., ( formerly Garware Wallropes Ltd)a leading manufacturer of technical textiles for the Indian & global
markets announced its financial results ended 31st March,2020.
Highlights :
# Consolidated revenue reduced by 6% to Rs.953 crores in FY 20
from Rs.1018 crores in FY 19.
# Consolidated Net profit increased by 12% to Rs.141 crores in FY 20
from Rs.126 crores in FY 19.
The Company is hopeful of a reasonable recovery in the second half of the
year subject to some unforeseen issues.
