Tag: Vice Chairperson

ClearTax appoints ex-MedLife Paranth Thiruvengadam as its CTO
Business, News

Garware Hi-Tech Films Ltd. continues strong growth trajectory in Q1FY22, reporting 80% growth on Y OY with revenue of ₹305.60 Cr

Jul 30, 2021 by Rekha Nair 0 Comments #and Jt. Managing Director, #GHFL, #Ms. Monika Garware, #Vice Chairperson

GHFL Logo

Delhi: Garware Hi-Tech Films Ltd. (formerly Garware Polyester Ltd.), the flagship company of the Garware Group and a leading player in specialty Polyester Films in India declared its results for the quarter ended June 30, 2021 on July 29th,2021.

Highlights for Consolidated Q1 FY22 (April-June’21)

Revenue at ₹ 305.60 Cr (vs ₹ 169.44 Cr in Q1 FY’21 up by 80 % on YoY basis)
Exports contributed ₹ 249.06 Cr (vs ₹ 141.35 in Q1FY21) up by ₹ 76 % on YoY basis
Net Profit for the period after tax at ₹ 35.83 Cr (vs ₹ 13.61 Cr in Q1 FY21) up by 163 % on YoY basis
Earning per share (EPS) at ₹ 15.42, up by 163 % over the corresponding quarter in FY 2020-21
Unique Products, Global Patents, Focus on Value Added Films, Higher Share of Consumer Products, Focus on Export Markets, etc. have further improved the company’s financial results. GHFL announced a Capex of ₹135cr for the new lamination window film line to materialize the company’s aim to expand the window films category across safety, architectural and front window screen glasses.

Earnings Before Interest, Tax, Depreciation, & Amortization (EBITDA) for the quarter stood at ₹ 65.86 Cr (vs ₹ 30.88 Cr in Q1 FY21) reflecting a 21.56% EBITDA margin. EBITDA margin up by 334 Bps on YoY basis due to increase in revenue including specialty products.

“GHFL’s performance in the first quarter was robust across all financial metrics,” said Ms. Monika Garware, Vice-Chairperson, and Jt. Managing Director, GHFL. “As the markets are opening up, we hope to maintain the growth momentum. We continue to put efforts into growing our revenue share through exports, which witnessed a growth of 76%% in Q1 on a YoY basis. Consistent improvement in our operating metrics reflects our relentless rigor of execution & our increased focus towards niche high margin specialty products, which has resulted in PBDT Margin reaching 20.1% in Q1FY22. The outlook for the rest of the year is promising with an anticipated incremental revenue contribution from our newly launched PPF line. Given the current visibility and a promising demand landscape, we foresee better times for us going ahead helping us realize our growth aspirations.”

eSummer Fiesta 2021
Education, News

SAI International Education Group to host e – Summer Fiesta Season 2

Jun 1, 2021 by Rekha Nair 0 Comments #Dr Silpi Sahoo, #SAI International Education Group, #Vice Chairperson

SAI International Education Group, one of the leading education institutions of India will host the 10-day e-Summer Fiesta Season 2 beginning from June 1, 2021till June 11, 2021. The 10 day The e-Summer fiesta promises to be a combination of fun filled activities along with innovative & experiential learning for the students of the institution. Students from Play Group to Class XII from SAI Angan, SAI International School and SAI International Residential School will participate to nurture their sills and augment their creative minds, through a gamut of interesting activities.

Eminent personalities from all walks of life who will be present at the eSummer Fiesta areMs Priya Keni, International Rifle Shooter, TEDX Speaker ,Chartered Accountant and a Sportsprenuer, Bollywood Singer Abhijit Mishra, Bollywood Singer Ruturaj Mohanty, Shankar Chugani, Stand-up Comic, Sudhakar John Doraiswamy, renowned choir conductor, pianist and composer, comic duo Sankar and Pragyan,Mirza Faizan, Indian origin US aerospace scientist who developed the Ground Reality Information Processing System (GRIPS) and motivational speaker Sharon Prabhakar. Prince Dance Group, the Winner of India’s Got Talent, will enthrall the audience with their mesmerizing dance performance.

“Students have to be made future ready and armed with a new set of life skills which focus primarily on developing the spirit to fight against adversities, strengthening resilience, building confidence, understanding and self-introspection. We want to provide our SAIoneers the required physical, emotional, and mental support to help them thrive as they adapt to the “New Normal” and hence we present the concept of e-Summer Fiesta”, said Dr Silpi Sahoo, Vice Chairperson, SAI International Education Group.

The Summer Fiesta has been divided into two parts,Morning and Evening sessions. In the morning session the students can indulge in various activities and soft skill training sessions like puppetry, storytelling, robotics, gymnastics, dance, coding, gymnastics, communication design, personal care and hygiene, music, drama and much more. The evening sessions are designed for the students, parents and the teachers of SAI International to not only enhance their 21st century skills but also provide them with much-needed respite from a monotonous schedule, with the endeavor to ensure that the learning process is continuous and one that leaves a lasting impression.The evening sessions will host experts from different walks of life who would bring their journey of hard work, success, goals, and happiness to the platter of learning.