Archive · 5 Jun 2025

Garware Technical Fibres Aims for 15% Annual Profit Growth

Garware Technical Fibres Aims for 15% Annual Profit Growth

Garware Technical Fibres, a company that makes various products, wants to make 15% more profit each year for the next five years.

They also plan to increase their profit margins a little bit.

In the last year, they grew their sales by 16% and profits by 15%.

The company expects good results in the coming year, especially from their work in salmon farming, infrastructure in India, and sports.

They're also focusing on selling more high-value products, which already make up a large part of their sales.

They also plan to innovate in the rope segment to boost future growth.

Sources