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Garware Wall Ropes net up 11% - Views on News from Equitymaster

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Garware Wall Ropes net up 11%

Jan 29, 2000

Garware Wall Ropes has posted 13.4% sales growth, while net profit has risen 10.7%.However, the company's net profit margin has declined from 6.2% to 6.0%, due to higher interest (up 22.5%) and depreciation (5.9%).

(Rs m) 3QFY2000 3QFY1999 Change
Net Sales 343 303 13.4%
Other Income 10 6 78.4%
Total Expenditure 293 255 15.0%
Interest 21 17 22.5%
Depreciation 19 18 5.9%
Profit before Tax 21 19 10.7%
Tax - -  
Profit after Tax/(Loss) 21 19 10.7%
Net profit margin (%) 6.0% 6.2%  


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