Garware Technical Fibres announced its unaudited financial results for the quarter ended June 30, 2026, reporting healthy growth in revenue and profits. The company attributed the strong performance to robust demand in its Synthetic Cordage business, continued momentum in Geosynthetics and improving business conditions in the US market.
The company reported net sales of ₹482.4 crore in Q1 FY27, up 31.4% from ₹367.2 crore in the corresponding quarter last year.
Profit before tax (PBT) increased 22.7% year-on-year to ₹86.4 crore, compared with ₹70.4 crore in Q1 FY26.
Profit after tax (PAT) rose 21.5% to ₹64.5 crore, up from ₹53.1 crore a year earlier.
The company's earnings per share (EPS) improved 22.6% to ₹6.56, compared with ₹5.35 in the same quarter of the previous financial year.
Garware Technical Fibres said revenue growth was mainly supported by the strong performance of its Synthetic Cordage segment. Demand remained healthy in the domestic market, while the Salmon Aquaculture business performed well. The company also benefited from the return to normal business activity in the United States following earlier tariff-related disruptions.
The Geosynthetics business continued its growth momentum during the quarter and delivered strong profitability.
The company faced higher raw material costs and increased freight expenses due to the ongoing conflict in the Middle East. These factors put pressure on operating costs during the quarter.
However, Garware Technical Fibres managed the impact by gradually passing on the higher costs to customers, although there was a slight delay before the price increases took effect.
The management said it continues to closely monitor developments related to the Middle East conflict and fluctuations in raw material prices. Through proactive supply chain management and strategic sourcing, the company has maintained uninterrupted customer service and operational stability.
Garware Technical Fibres also remains focused on innovation through the development and launch of new products. The company expects to maintain its growth momentum while continuing to deliver profitable growth in the coming quarters.
Garware Technical Fibres Ltd. is a leading manufacturer of technical textiles, offering customised solutions across industries such as sports, fisheries, aquaculture, shipping, agriculture, coated fabrics and geosynthetics. The company manufactures its products at facilities in Pune and Wai and exports to customers in more than 75 countries.
Garware Technical Fibres share price (NSE: GARFIBRES )closed at ₹810.00 on the NSE on August 5, 2026, gaining 4.57% (₹35.40) for the day. The stock opened at ₹781.70, touched an intraday high of ₹810.00, and fell to a low of ₹761.40.
Read More: Emami Share Price Falls Over 3% After Q1 FY27 Earnings Results: Total Income Up 14.3% YoY!
Garware Technical Fibres delivered a strong start to FY27 with double-digit growth in revenue, profit and earnings per share. Despite inflationary pressures and higher logistics costs, the company maintained profitability through effective cost management and strong demand across key business segments.
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Published on: Aug 5, 2026, 4:48 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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