X

Fiberweb (India) Ltd Q1FY24; 45% fall in Profits

Fiberweb (India) is primarily engaged in the business of manufacturing Spunbond and Melt-blown Nonwoven Fabrics from polypropylene.


Financial Results:

  • Fiberweb (India) Ltd reported Revenues for Q1FY24 of ₹29.99 Crores up from ₹16.80 Crore year on year, a rise of 78.51%.
  • Total Expenses for Q1FY24 of ₹28.73 Crores up from ₹15.16 Crores year on year, a rise of 89.51%.
  • Consolidated Net Profit of ₹0.93 Crores down 45.29% from ₹1.70 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.32, down 45.76% from ₹0.59 in the same quarter of the previous year.
Related Post