Garware Hi-Tech Films Limited clocks 21 percent growth in Q1

Garware Hi-Tech Films Limited clocks 21 percent growth in Q1 Revenue

Mumbai (Maharashtra) [India], August 5 (ANI/NewsVoir): Garware Hi-Tech Films Limited (GHFL) (formerly known as Garware Polyester Limited), the flagship company of Garware Group and a leading player in specialty Polyester Films in India and Worldwide announced results for the first quarter ended June 30, 2022. The management's vision and continued focus on unique products and value-added films, along with a higher share of consumer products have further enhanced the company's growth trajectory which is visible in its financial performance. Consolidated Financial Summary: Commenting on GHFL's journey, S. B. Garware, Chairperson and Managing Director, GHFL said, "The company's transitioning towards a B2C company providing highly specialized and value-added products in the marketplace is seen in its growth trajectory and the efforts put in over last few years are clearly visible in the financial results. GHFL continues to craft a unique position for itself in the marketplace with a variety of offerings catering to individuals and industry by leveraging on its technology and in-house expertise. During the current year, we are increasingly optimistic about growing our sales network of dealers, distributors, and applicators in key markets across geographies." "I am extremely delighted to report that our company continues to consolidate its position during the quarter under review as we continue to accelerate our topline growth momentum. On the export front earnings remain robust and the outlook for the year ahead continues to remain positive," said Monika Garware, Vice-chairperson, and Jt. Managing Director, GHFL. Garware Hi-Tech Films Limited (BOM: 500655) (NSE: GRWRHITECH) is the flagship company of the Garware group co-promoted by Chairman and Managing Director Shri S.B. Garware in the year 1957 along with the Founder-Chairman Late Padmabhushan Dr. B. D. Garware. GHFL manufactures Hi-Tech specialty performance polyester Films and has its state-of-the-art manufacturing facility at Aurangabad, Maharashtra, India. GHFL is the pioneer and one of the largest exporters of Polyester Films in India. GHFL has been a winner of top exporters' awards for 33 continuous years from PLEXCOUNCIL. GHFL manufacturing facility at Aurangabad is vertically integrated, from the manufacture of polyester chips to polyester film finished products with four independent manufacturing lines and a business that spans globally. Polyester Films manufactured by GHFL are used for a variety of end applications. GHFL also manufactures various coated products and co-extruded products for specialty applications, apart from its capacity to design the recipe for raw material of PET films to suit the end application of the product. The company has developed surface-protection films and Paint Protection Films designed to deliver the highest level of protection and impact resistance which have applications in many sectors. This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

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Mumbai , Maharashtra , India , Aurangabad , Monika Garware , Shri Sb Garware , Garware Group , Tech Films Limited , Garware Polyester , Garware Hi Tech Films Limited , Garware Polyester Limited , Polyester Films , Financial Summary , Managing Director , Hi Tech Films Limited , Founder Chairman Late Padmabhushan , Paint Protection Films , Mumbai Maharashtra India , Ugust 5 Ani Newsvoir Garware Hi Tech Films Limited Ghfl Formerly Known As Polyester , He Flagship Company Of Garware Group Anda Leading Player In Specialty Polyester Films India And Worldwide Announced Results For The First Quarter Ended June 30 , 022 The Management 39s Vision And Continued Focus On Unique Products Value Added Films , Long Witha Higher Share Of Consumer Products Have Further Enhanced The Company 39s Growth Trajectory Which Is Visible In Its Financial Performance Consolidated Summary Commenting On Ghfl Journey , B Garware , Hairperson And Managing Director , Hfl Said , Uot The Company 39s Transitioning Towardsa B2c Providing Highly Specialized And Value Added Products In Marketplace Is Seen Its Growth Trajectory Efforts Put Over Last Few Years Are Clearly Visible Financial Results Ghfl Continues To Crafta Unique Position For Itself Witha Variety Of Offerings Catering Individuals Industry By Leveraging On Technology House Expertise During Current Year , E Are Increasingly Optimistic About Growing Our Sales Network Of Dealers , Distributors , Nd Applicators In Key Markets Across Geographies Quot Quoti Am Extremely Delighted To Report That Our Company Continues Consolidate Its Position During The Quarter Under Review As We Continue Accelerate Topline Growth Momentum On Export Front Earnings Remain Robust And Outlook For Year Ahead Positive , Uot Said Monika Garware , Vice Chairperson , Nd Jt Managing Director , Hfl Garware Hi Tech Films Limited Bom 500655 Nse Grwrhitech Is The Flagship Company Of Group Co Promoted By Chairman And Managing Director Shri Sb In Year 1957 Along With Founder Late Padmabhushan Drbd Ghfl Manufactures Specialty Performance Polyester Has Its State Art Manufacturing Facility At Aurangabad , Ndia Ghfl Is The Pioneer And One Of Largest Exporters Polyester Films In India Has Beena Winner Top 39 Awards For 33 Continuous Years From Plexcouncil Manufacturing Facility At Aurangabad Vertically Integrated , Rom The Manufacture Of Polyester Chips To Film Finished Products With Four Independent Manufacturing Lines Anda Business That Spans Globally Films Manufactured By Ghfl Are Used Fora Variety End Applications Also Manufactures Various Coated And Co Extruded For Specialty , Part From Its Capacity To Design The Recipe For Raw Material Of Pet Films Suit End Application Product Company Has Developed Surface Protection And Paint Designed Deliver Highest Level Impact Resistance Which Have Applications In Many Sectors This Story Is Provided By Newsvoir Ani Will Not Be Responsible Any Way Content Article ,

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