Garware Technical Fibres net profit rises

MUMBAI: Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), has reported the financial results for the quarter and nine months ended December 31, 2018 which were approved by the Board of Directors at their meeting held recently. The net sales grew by 10.3 per cent to Rs 222.2 crore in Q3 FY19 as compared to Rs 201.5 crore in Q3 FY19. The profit before tax grew by 13.2 per cent to Rs 36.4 crore in Q3FY19 as compared to Rs 32.2 crore in the same quarter last year.