ANI PR Wire
16 Nov 2023, 19:02 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)
Get a daily dose of Herald Globe news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Herald Globe.
More InformationWASHINGTON, DC - U.S. President Donald Trump on Tuesday claimed Elon Musk's success has been built on government subsidies. Without...
EVERGLADES, Florida: Over the weekend, a diverse coalition of environmental activists, Native American leaders, and residents gathered...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
DOVER, Delaware: California Governor Gavin Newsom has taken legal aim at Fox News, accusing the network of deliberately distorting...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
(250702) -- ATLANTA, July 2, 2025 (Xinhua) -- Supporters of CF Monterrey react before the round of 16 match between Borussia Dortmund...
(250702) -- MIAMI, July 2, 2025 (Xinhua) -- Gonzalo Garcia (R) of Real Madrid vies with Francisco Conceicao of Juventus during the...
Bengaluru (Karnataka) [India], July 2 (ANI): A two-person bench of Central Administrative Tribunal (CAT) observed Royal Challengers...
Bengaluru (Karnataka) [India], July 1 (ANI): After the Bengaluru stampede near the Chinnaswamy Stadium that claimed 11 lives and left...
Bulawayo [Zimbabwe], July 1 (ANI): Following his side's win over Zimbabwe in the first Test, South African skipper Keshav Maharaj hailed...
New Delhi [India], July 1 (ANI): The last two spots for the quarterfinals of the FIFA Club World Cup will be sealed by either Spanish...