Garware Hi-Tech Films Share Price Falls Over 5% After Q2 FY27 Earnings Results: Total Income Up 22.5% YoY

Garware Hi-Tech Films Limited reported its Consolidated Unaudited Financial Results for the Quarter and Half Year ended on September 30, 2026, as per the exchange filings. 

The company reported a 22.5% year-on-year increase in total income for the September 2026 quarter, reaching ₹715.06 crore. The company's net profit also saw a 41.9% rise compared to the same period last year. 

Garware Hi-Tech Films Q2 FY27 Earnings Results 

In the September 2026 quarter, Garware Hi-Tech Films Limited's total income increased to ₹715.06 crore, up from ₹583.55 crore in the previous year. This represents a 22.5% year-on-year growth. Compared to the June 2026 quarter, the income rose by 9.5% from ₹652.80 crore. 

The net profit for the quarter stood at ₹129.44 crore, marking a 41.9% increase from ₹91.23 crore in the same period last year. However, it showed a slight decline of 2.4% from ₹132.65 crore in the June 2026 quarter. 

Half-Yearly Financial Performance 

For the half year ending September 30, 2026, the company's total income was ₹1,367.86 crore, reflecting a 25.3% increase from ₹1,091.92 crore in the previous year. The net profit for the same period rose by 50.4% to ₹262.09 crore, compared to ₹174.25 crore last year. 

Operational Highlights 

Garware Hi-Tech Films Limited achieved record quarterly revenues, with consolidated revenue from operations reaching ₹696 crore in Q2 FY27. This represents a 22% year-on-year growth. The company's EBITDA for the quarter increased by 42% to ₹189 crore, with an EBITDA margin of 27.2%, up by 377 basis points. 

Read More: Piramal Finance Share Price Gains Over 3% Post Q2 FY27 Earnings Results: Total Income Up 28.2% YoY! 

Strategic Developments 

The company is on track with its capacity expansion program, including the commissioning of a premium TPU production line in Q3 FY27 and a Solar Control Film line expansion with a capital expenditure of ₹191 crore. Additionally, a memorandum of understanding with Lubrizol aims to co-develop advanced TPU-based specialty film solutions. 

Garware Hi-Tech Films Share Price Performance 

As of October 22, 2026, at 12:55 PM, Garware Hi-Tech Films share price on NSE was trading at ₹6,333.50, down by 5.24% from the previous closing price.  

Conclusion 

Garware Hi-Tech Films Limited reported a 22.5% YoY increase in total income to ₹715.06 crore for the September 2026 quarter. Net profit rose by 41.9% YoY to ₹129.44 crore. Half-yearly income increased by 25.3% to ₹1,367.86 crore, with a 50.4% rise in net profit to ₹262.09 crore. 

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