Garware Marine Industries
21.02
-0.09(-0.43%)
Market Cap₹12.15 Cr
PE Ratio81.19
IndustryTextiles
Company Performance:
1D-0.43%
1M-4.24%
6M-16.59%
1Y-20.14%
5Y+90.57%
View Company Insightsright
More news about Garware Marine Industries
02Apr 26
Garware Marine Industries Receives EOW Notice Over ₹3.54 Crore Equipment Lease Dispute
Garware Marine Industries Limited received a notice from Chennai's Economic Offences Wing-II regarding alleged non-payment of equipment lease rentals worth ₹3,54,83,661.50, with the company directed to appear within 15 days. The matter involves ongoing litigation with Integrated Finance Company Limited, with the company having deposited ₹30 lakhs in Madras High Court and filed a counter-claim for ₹1.93 crores with 18% interest. Both cases have been clubbed and are pending hearing in Madras High Court, while management seeks legal advice emphasizing the civil nature of the sub judice matter.
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16Mar 26
Garware Marine Industries Clarifies Recent Stock Price Fluctuation on BSE
Garware Marine Industries Limited clarified to BSE that recent stock price fluctuations are market-driven with no company-specific factors involved. The company confirmed normal business operations continue while maintaining compliance with SEBI LODR Regulations 2015. The clarification was issued on March 16, 2026, by Company Secretary Pallavi P. Shedge in response to BSE's surveillance query.
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03Feb 26
Garware Marine Industries Reports Q3FY26 Results with Revenue Growth to ₹30.30 Lakhs
Garware Marine Industries Limited reported Q3FY26 revenue of ₹30.30 lakhs, up from ₹26.99 lakhs in Q3FY25, but net profit declined to ₹4.56 lakhs from ₹6.42 lakhs. Nine-month performance showed revenue at ₹82.25 lakhs versus ₹96.64 lakhs in FY25, with net profit dropping to ₹19.56 lakhs from ₹32.63 lakhs. The Board approved these results on February 3, 2026.
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31Oct 25
Garware Marine Industries Reports Reduced Net Profit for H1, Issues Corporate Guarantee
Garware Marine Industries Limited reported a 50.29% decrease in net profit to ₹15.44 for H1 FY2026, despite a 26.97% increase in total revenue to ₹51.55. The company's Q2 revenue rose 27.58% quarter-on-quarter to ₹26.00 lakh. Total assets decreased by 9.22% to ₹1,767.71, and total equity fell by 8.19% to ₹1,648.34 compared to March 31. Notably, the company issued a ₹100 crore corporate guarantee for Global Offshore Services Ltd against a ₹400 crore term loan from Kotak Mahindra Bank.
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Garware Marine Industries
21.02
-0.09
(-0.43%)
1 Year Returns:-20.14%
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