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Garware Technical Fibres (509557) Q4 98/99 earnings summary

Event summary combining transcript, slides, and related documents.

Logotype for Garware Technical Fibres Limited

Q4 98/99 earnings summary

2 Nov, 2026

Executive summary

  • FY1998-99 delivered higher profitability and market share; PBT rose to Rs 755.91 lakh from Rs 664.10 lakh, while domestic and export volumes increased.

  • The board recommended a 20% dividend, up from 18% in FY1997-98.

Financial highlights

  • Sales were Rs 12,851.69 lakh versus Rs 11,920.84 lakh; total income was Rs 13,044.66 lakh versus Rs 12,068.16 lakh.

  • PBT was Rs 755.91 lakh versus Rs 664.10 lakh; PAT was Rs 675.91 lakh versus Rs 565.33 lakh.

  • Profit before depreciation and tax increased to Rs 1,626.12 lakh from Rs 1,432.46 lakh.

Outlook and guidance

  • Growth focus includes value-added products such as sports nets and other webbing products.

  • Future R&D priorities include nylon monofilament nettings and improvements to woven-fabric testing facilities.

  • Y2K compliance was targeted for 30 June 1999, with approximately Rs 10 lakh budgeted and contingency planning underway.

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