GARFIBRES2024-04-012024-06-30 GARFIBRES2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member GARFIBRES2024-06-30 GARFIBRES2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GARFIBRES2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member GARFIBRES2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GARFIBRES2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 509557 GARFIBRES NOTLISTED Garware Technical Fibres Limited Equity 2024-04-01 2025-03-31 2024-08-08 2024-08-01 INR Lakhs First quarter 12:00:00 15:30:00 2024-08-08 2024-08-08 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Consolidated 3362545000.00 105507000.00 3468052000.00 1068438000.00 114089000.00 -283791000.00 534658000.00 61689000.00 67046000.00 1285194000.00 2847323000.00 620729000.00 0.00 620729000.00 160480000.00 -7363000.00 153117000.00 0.00 467612000.00 0.00 0.00 0.00 158000.00 467770000.00 83183000.00 550953000.00 467612000.00 158000.00 550795000.00 158000.00 198532000.00 10 23.38 23.38 0.00 0.00 23.38 23.38 1. The Unaudited Standalone Financial Results of Garware Technical Fibres Limited (“the Company”) as well as Consolidated Financial Results of the Company and its Subsidiaries and its associates for the quarter ended 30th June, 2024 ( the Financial Statements ), were reviewed by the Audit Committee and have been taken on record and approved by the Board of Directors at its meeting held on Thursday, 08th August, 2024. The Statutory Auditors of the Company have carried out a Limited Review of the Financial Statements for the quarter ended 30th June, 2024. 2. These results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind-AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized practices and policies to the extent applicable. 3. The Board of Directors, at its meeting held on 29th January, 2024 and the Members of the Company by way of postal ballot passed on 06th March, 2024 approved a proposal of Buyback upto 5,25,000 fully paid-up equity shares of face value INR 10/- each (the Equity Shares ), representing 2.58% of the Equity Shares in the existing total equity paid-up capital of the Company, from all Eligible Shareholders (Equity Shareholders as on the Record Date, being 26th March, 2024) on a proportionate basis, through the 'Tender Offer' process, at a price of INR 3,800/- per equity share, payable in cash, pursuant to the provisions of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 and the Companies Act, 2013, as amended. Tender period for Buyback opened on 01st April, 2024 and closed on 05th April, 2024. The Company bought back 5,25,000 Equity Shares from all eligible shareholders and extinguished the same on 25th April, 2024 resulting in cash outflow of INR 199,50,00,000/- excluding the transaction costs. In accordance with relevant statutory provision the Company has created capital redemption reserve of INR 52.50 lakhs equal to the nominal value of the shares bought back as an appropriation from retained earnings. 4. The figures for the quarter ended 31st March, 2024, are the balancing figures between audited figures of the year ended 31st March, 2024 and the published figures of the nine months ended 31st December, 2023 which were subjected to limited review. 5. The figures of previous periods have been regrouped / rearranged, wherever necessary to conform to current period's presentation. Others 966268000.00 Processing and Testing Charges 318926000.00 Fibre and Industrial Products & Projects 662281000.00 Synthetic Cordage 2766810000.00 3429091000.00 66546000.00 3362545000.00 Fibre and Industrial Products & Projects 99054000.00 Synthetic Cordage 582544000.00 681598000.00 61689000.00 -820000.00 620729000.00 Fibre and Industrial Products & Projects 1278782000.00 Synthetic Cordage 6923352000.00 8202134000.00 8194665000.00 16396799000.00 Fibre and Industrial Products & Projects 574538000.00 Synthetic Cordage 2897154000.00 3471692000.00 2507334000.00 5979026000.00 Fair value of Investment 87587000.00 Remeasurement of defined benefit plans -7014000.00 80574000.00 -2609000.00 0.00