Results     19-Nov-08
Announcements
Garware Polyester net profit declines 65.00% in the September 2008 quarter
Sales rise 7.34% to Rs 147.33 crore
Net profit of Garware Polyester declined 65.00% to Rs 0.91 crore in the quarter ended September 2008 as against Rs 2.60 crore during the previous quarter ended September 2007. Sales rose 7.34% to Rs 147.33 crore in the quarter ended September 2008 as against Rs 137.26 crore during the previous quarter ended September 2007.

For the full year, net profit reported to Rs 9.41 crore in the year ended September 2008. Sales reported to Rs 862.03 crore in the year ended September 2008. The company has changed its year end from March to September this year. Hence, the value for the full year is for the period of 18 months.

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