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Garware Hi-Tech Films Limited maintains profitability despite global challenges

Mumbai (Maharashtra) [India], November 15 (ANI/NewsVoir): Garware Hi-Tech Films Limited (GHFL) (BOM: 500655 | NSE: GRWRHITECH), a global provider of specialty polyester films, announced results for the second quarter and half year ended on September 30, 2022. Highlights: Consolidated Q2FY23: - Revenue up by 16.2% at Rs. 395 crores visa-vis Rs. 340 crores in Q2FY22 - EBIDTA up by 10.1% at Rs. 76 crores visa-vis Rs. 69 crores in Q2FY22 - PAT up by 11.1% at Rs. 48 crores visa-vis Rs. 43 crores in Q2FY22 Consolidated H1FY23: - Revenue up by 18.5% at Rs. 765 crores visa-vis Rs. 645 crores in H1FY22 - EBIDTA up by 8.7% at Rs. 147 crores visa-vis Rs. 135 crores in H1FY22 - PAT up by 17.1% at Rs. 93 crores visa-vis Rs. 79 crores in H1FY22 Commenting on the results S. B. Garware, Chairperson and Managing Director said, "It has been a steady quarter and half year for GHFL, despite global challenges, as we have been able to find a balance to increase our profitability as well as make investm ....

Monika Garware , Garware Group , Garware Polyester Ltd , Tech Films , Tech Films Limited , Garware Hi Tech Films Limited , Managing Director , Joint Managing Director , Financial Summary , Hi Tech Films Limited , Founder Chairman Late Padmabhushan , Polyester Films , Low Oligomer , Sun Control , Sun Control Films , Paint Protection Films , Mumbai Maharashtra India , Ovember 15 Ani Newsvoir Garware Hi Tech Films Limited Ghfl Bom 500655 Nse Grwrhitech , A Global Provider Of Specialty Polyester Films , Nnounced Results For The Second Quarter And Half Year Ended On September 30 , 022 Highlights Consolidated Q2fy23 Revenue Up By 16 2 At Rs 395 Crores Visa Vis 340 In Q2fy22 Ebidta 10 1 76 69 Pat 11 48 43 H1fy23 18 5 765 645 H1fy22 8 7 147 135 17 93 79 Commenting On The Results Sb Garware , Hairperson And Managing Director Said , Uot It Has Beena Steady Quarter And Half Year For Ghfl , Espite Global Challenges , S We Have Been Able To Finda Balance Increase Our Profitability As Well Make Investments That Will Contribute Incrementally Ghfl 39s Top Line These Measures Eventually Take The Company Toa Niche Position In Specialty Films Market All Geographies Where Havea Presence Quot Speaking About Outlook For Year Ahead , Monika Garware ,