MENU

Published on 11/02/2021 4:27:21 PM | Source: Angel Broking Ltd

Garware Technical Fibres 3QFY21 Result Updates By Amarjeet Maurya, Angel Broking

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

Below are Views On Garware Technical Fibres 3QFY21 Result Updates By Mr. Amarjeet Maurya, AVP – Mid Caps, Angel Broking Ltd

“During the 3QFY21, Garware Technical Fibres Ltd (GTFL)’s reported sales growth of ~20% to Rs282cr on back overall impairment in demand. On the EBITDA front, the company reported margin improvement (up  by 430bp YoY to 23.9%) back lower operating expenses. GTFL reported net profit growth of ~50% YoY to Rs43cr due to healthy sales growth and strong operating performance. 3Q Results were in line with expectation. Hence we are positive on stock.”

 

Above views are of the author and not of the website kindly read disclaimer
 

marsbahis marsbahis marsbahis marsbahis
1xbet 1xbet bahisno 1 bahsegel slot oyna ecopayz güvenilir bahis siteleri canlı bahis siteleri iddaa marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis restbet canlı skor süperbahis mobilbahis