Fiberweb India H1 FY24 Total Income Rises By 18%

ANI PR Wire
16 Nov 2023, 23:32 GMT+10

PNN

Mumbai (Maharashtra) [India], November 16: Fiberweb (India) Ltd. a 100% EOU & manufacturers of non-woven fabrics announced its unaudited Q2 FY24 result.

H1 FY24 Key Financials at a Glance:

- Total Income for the H1 FY24 stood at Rs 50.99 crore.

- EBITDA for the H1 FY24 stood at Rs 4.95 crore.

- EBITDA Margin for the H1 FY24 stood at 9.71%

- PAT for the H1 FY24 stood at Rs 2.20 crore.

- PAT Margin for the H1 FY24 stood at 4.32%

- EPS for the H1 FY24 stood at Rs 0.77

Q2 FY24 Key Financials at a Glance:

- Total Income for the Q2 FY24 stood at Rs 20.99 crore.

- EBITDA for the Q2 FY24 stood at Rs 2.55 crore.

- EBITDA Margin for the Q2 FY24 stood at 12.13%

- PAT for the Q2 FY24 stood at Rs 1.27 crore.

- PAT Margin for the Q2 FY24 stood at 6.05%

- EPS for the Q2 FY24 stood at Rs 0.44

Speaking on the occasion Bhavesh P Sheth, Director of Fiberweb (India) Ltd said, "The first half of FY24 has displayed promising growth, with a notable uptick in the demand for our products. We've also observed a significant improvement in margins during the second quarter of FY24, primarily attributed to our enhanced operational efficiency.

We maintain an optimistic outlook for the remainder of FY24, as we anticipate a continued increase in demand for our products, which we believe will serve as a significant driver for overall growth."

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kolkata Sun.

More Information

22 ℃

Mist in Kolkata/Bose

International

Section

Casualties mount again in Gaza as bombardments gather pace

Israel intensified its deadly bombardment of the Gaza Strip Saturday as renewed fighting with Hamas entered a second day following ...

Nikki Haley's 2024 Republican presidential bid endorsed by Koch Group

ARLINGTON, Virginia: This week, the conservative U.S. political network Americans for Prosperity Action (AFP Action), led by billionaire Charles Koch, ...