Source Name: Garware Wall Ropes Ltd
|
Garware-Wall Ropes PAT Grows by 43.3% in Q3FY16
|
Pune, Maharashtra, India Garware-Wall Ropes Ltd. (GWRL), a leading manufacturer of technical textiles for the Indian and global markets, today announced its financial results for the third quarter ended December 31st, 2015.
Q3FY16 Highlights
9MFY16 Highlights
Management Comments “The quarterly performance continues to reaffirm our strategy of focusing on innovation, geographic expansion and operational excellence. In spite of easing input costs resulting in subdued value growth, we have seen healthy margin increases. We expect to maintain this growth in the coming months as well” said Mr. Vayu Garware, CMD, Garware – Wall Ropes Ltd.
About Garware-Wall Ropes Ltd: (BSE: 509557 / NSE: GARWALLROP) Garware-Wall Ropes Ltd. (GWRL) is an ISO 9001:2008 certified company. Established in 1976, the Company is a leading player in Technical Textiles, specializing in providing customized solutions to the cordage and infrastructure industry worldwide. A global player, the company is known for its innovation in the field of fisheries, aquaculture, shipping, sports, agriculture, coated fabrics and geosynthetics. GWRL products are manufactured in state-of-art facilities at Wai and Pune (both in Maharashtra, India) and are marketed in more than 75 countries worldwide.
For more information, please visit http://www.garwareropes.com |