GHGarware Hi-Tech Films500655Quarterly results

Board meeting outcome: unaudited September-quarter and half-year results approved, limited review reports taken on record

Board meeting held October 22, 2026 approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026, along with Limited Review Reports.

By ScoutQuest · Thu 22 Oct 2026, 12:09 PM IST · 2 min read

Total income

Latest 715.06; Year ago 583.55 (+22.5%); Prev qtr 652.80 (+9.5%)

Profit after tax

Latest 129.44; Year ago 91.23 (+41.9%); Prev qtr 132.65 (−2.4%)

Period

30.09.2026 (Unaudited)

What the board approved

• The Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026.
• The Limited Review Reports on those results, together with a press release and an investor presentation covering the same period.
• The meeting is recorded as commencing at 11:30 A.M. and concluding around 11:40 a.m.

The auditors' conclusion

Two firms, J. H. Mehta & Co. and V Sankar Aiyar & Co., issued the limited review reports. Their conclusion is that, based on the review, nothing has come to their attention that causes them to believe that the accompanying Statement, prepared in accordance with applicable Indian Accounting Standards, has not disclosed the information required under Regulation 33 or contains any material misstatement. The reports note that a review is substantially less in scope than an audit and that they do not express an audit opinion.

Standalone results (Rs. in Crores)

Quarter ended September 30, 2026, with the same quarter a year earlier for reference

• Revenue from operations: 634.09 vs 511.82
• Total income: 680.73
• Net profit after tax: 139.87
• Basic and diluted EPS (marked Not annualised): 60.20

Half year ended September 30, 2026

• Revenue from operations: 1,218.23
• Net profit after tax: 266.45

Segment and balance-sheet points

• The notes state that the company operates in one segment only, i.e. Polyester Films, and therefore has only one reportable segment.
• Total assets (standalone): 3,227.77 at September 30, 2026.
• The standalone statement also carries an EPS line marked "Not annualised" for both basic and diluted, which is the normal presentation for an interim period rather than a full-year earning rate.

Group entities named in the review report

The consolidated review report lists Garware Hi-Tech Films International Limited, Global Hi-Tech Films Inc. and Garware Hi-Tech Global Trading FZCO as the entities whose results are included. It records that, for the two subsidiaries reviewed by other auditors, the statement reflects total assets of Rs. 297.08 crores as at September 30, 2026 and total revenues of Rs. 286.63 crores and Rs. 554.10 crores, with total net profit after tax of Rs. 40.55 crores and Rs. 50.61 crores, for the quarter and half year respectively. For one further subsidiary it records total assets of Rs. 0.18 crores, total revenue of Rs. Nil and total net loss after tax of Rs. 0.10 crores and 0.38 crores for the quarter and half year.

How a retail reader can use this

These are interim, unaudited numbers that have been subject to a limited review, which is the standard quarterly disclosure for a listed company. A review involves enquiry and analytical procedures, so it carries less assurance than the full audit done at year end. The segment note tells you that the entire reported business is polyester films, so the revenue and profit lines reflect that single line of activity.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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