Garware Technical Fibres Reports 13.5% Surge in Q1 Net Profit Aug 08, 2025
Garware Technical Fibres Announces Book Closure, AGM Date, and Rs 1.5 Per Share Dividend Jul 30, 2025
More news about Garware Technical Fibres
07Jul 25
Garware Technical Fibres Expands Footprint with Acquisition of Two Norwegian Firms
Garware Technical Fibres Ltd., an Indian manufacturer of technical textiles, has acquired two Norwegian companies, expanding its international presence. While specific details about the acquired firms and deal terms are undisclosed, this strategic move is expected to enhance Garware's access to European markets, expand its product portfolio, increase technological capabilities, and strengthen its presence in the fishing and aquaculture sectors. The acquisition aligns with Garware's strategy of expanding its global footprint.
Garware Technical Fibres has transferred its Norway branch operations to a local subsidiary. This strategic move aims to optimize the company's presence in the Norwegian market. The restructuring could potentially enhance local presence, improve operational efficiency, ensure better regulatory compliance, and increase market responsiveness. The impact of this change on the company's overall business operations and financial performance is yet to be determined.
23Jun 25
Garware Technical Fibres Expands Global Footprint with Strategic Acquisitions in Norway
Garware Technical Fibres has approved multiple acquisitions to strengthen its position in the global synthetic fiber rope industry. The company will acquire 100% equity in OTS (Offshore Technical Services AS) and AMS (Alpin Marine Services AS) for NOK 122.00 million, as well as Offshore & Trawl Supply AS through its UK subsidiary. These strategic moves aim to expand Garware's global footprint, diversify its product portfolio, and enhance its presence in offshore, aquaculture, and marine sectors across Europe.
18Jun 25
Garware Technical Fibres Expands Global Footprint with New Norwegian Subsidiary
Garware Technical Fibres Ltd (GTFL) has formed a new fully owned subsidiary in Norway, marking its entry into the Scandinavian market. This strategic move aims to strengthen GTFL's presence in Europe, particularly in the Nordic region. The subsidiary is expected to enhance the company's ability to serve customers in Norway and potentially the broader Scandinavian area, leveraging opportunities in maritime and aquaculture industries. This expansion aligns with GTFL's ongoing efforts to grow its international footprint and may facilitate closer collaboration with local industries and research institutions.
15May 25
Garware Technical Fibres Reports Q4 Growth and Announces Dividend
Garware Technical Fibres announced its Q4 results, showing significant growth. Revenue increased by 13.35% year-over-year to ₹4,330.00 million. EBITDA rose to ₹982.60 million, up 7.56% from last year. Net profit grew marginally by 1.40% to ₹710.60 million. The company declared a dividend of ₹1.50 per share. Despite growth, EBITDA margin slightly decreased from 23.90% to 22.72%.