Conference Call with Garware Hi-Tech Films Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Containers & Packaging company Garware Hi-Tech Films announced Q2FY25 results Revenues grew significantly to Rs 620.6 crore, an increase of 56.3% YoY. EBITDA grew impressively by 103.3% YoY and 15.8% QoQ. PAT increased by 127.1% YoY and 18.0% QoQ. EPS: Rs 44.88 for Q2FY25. S. B. Garware, Chairman and Managing Director, Garware Hi-Tech Films, said: "We continue to maintain the growth momentum in the second quarter of FY25 delivering remarkable overall performance. Our strategic focus on operational efficiency and premium offerings enabled us to achieve highest ever PAT of Rs 104.3 crore. We remain focused and optimistic to maintain this momentum going ahead.” Monika Garware, Vice Chairperson and Joint Managing Director, Garware Hi-Tech Films, said, “Our second quarter results show the impact of our growth strategy across segments. By achieving the highest ever revenue and profitability in this quarter, we are reaffirming our ability to consistently deliver value to our stakeholders. Our continued focus on expanding distribution channels, newer geographies and enhancing our product portfolio has yielded results and we are well-prepared to capitalize on our capabilities to tap newer opportunities.” Result PDF