Results     29-Apr-10
Announcements
Garware Polyester net profit rises 1266.67% in the March 2010 quarter
Sales rise 26.00% to Rs 162.80 crore
Net profit of Garware Polyester rose 1266.67% to Rs 14.35 crore in the quarter ended March 2010 as against Rs 1.05 crore during the previous quarter ended March 2009. Sales rose 26.00% to Rs 162.80 crore in the quarter ended March 2010 as against Rs 129.21 crore during the previous quarter ended March 2009.

For the audited full year, net profit reported to Rs 25.37 crore in the year ended March 2010. Sales reported to Rs 312.69 crore in the year ended March 2010. The company has changed its year end from September 2010 to March 2010 and the value given for the full year ended March 2010 is for the period of 6 months. Hence, the full year is not comparable.

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