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 Nepal National 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 Nepal National.
More InformationWASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
Lahore [Pakistan], July 13 (ANI): Punjab police took several Pakistan Tehreek-e-Insaf (PTI) workers into custody on Saturday as Khyber...
Karachi [Pakistan], July 13 (ANI): A passenger has sent a legal notice to a private airline after being mistakenly flown from Lahore...
Madrid [Spain], July 13 (ANI): Jyothi Surekha Vennam emerged as a key figure as India secured three medals, all in the compound events...
Tarn Taran (Punjab) [India], July 12 (ANI): In a successful joint operation, the Border Security Force (BSF) and Punjab Police apprehended...
New Delhi [India], July 12 (ANI): External Affairs Minister S Jaishankar will visit Singapore and China from July 13 to 15. In Singapore,...
Dehradun (Uttarakhand) [India], July 12 (ANI): In a major breakthrough under the 'Drugs Free Devbhoomi Mission,' the Uttarakhand Police...