Conference Call with Garware Hi-Tech Films Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Containers & Packaging company Garware Hi-Tech Films announced Q3FY25 results Q3FY25 Revenue from Operations remained stable at Rs 466.4 crore compared to Rs 453.6 crore during Q3FY24, an increase of 2.8% YoY. EBITDA grew by 10.7% YoY, supported by the sale of value-added products. PAT stood at Rs 60.8 crore, an increased by 8.8% YoY. EPS: Rs 26.2 for Q3FY25. S. B. Garware, Chairman & Managing Director, Garware Hi-Tech Films, said: "As we continue to chart our course towards a future of innovation and excellence, our commitment to long-term sustainable growth remains unwavering. Our strategic emphasis on operational efficiency and high-quality offerings is now further strengthened by strategic partnerships and dynamic marketing strategies. These efforts are not just expanding our footprint in India and overseas markets but also reinforcing our dedication to making a positive impact on our customers and communities.” Monika Garware, Vice Chairperson & Joint Managing Director, Garware Hi-Tech Films, said: “Our performance over the past nine months has been outstanding, driven by continuous innovation, strong focus on enhancing our product offerings and customer experience. To strengthen our future growth plans, we are pleased to inform you that the Board of Directors have approved an investment of Rs 118 crore in TPU extrusion line with an annual capacity of 360 LSF at our Waluj Plant and the production is set to commence by October 2026. This line will enhance our manufacturing capabilities, optimize operational costs and support future market demand. We have recently launched the industry's first Coloured PPF and Headlight & Taillight Glass Protection which will open up new business opportunities in the market. Additionally, we made strategic collaborations to ensure PPF offerings more accessible and supported by a comprehensive insurance program.” Result PDF