Mumbai (Maharashtra) [India], May 23: Fiberweb (India) Ltd. a 100% EOU & manufacturers of non-woven fabrics announced its audited Q4 FY24 & FY24 result.
Q4 FY24 Key Financials at a Glance:
(₹ Crores)
Particular
Q4FY24
Q4FY23
YoY Change
Total Income
20.95
4.90
327.55%
EBITDA
5.33
-5.40
Loss To Profit
EBITDA (%)
25.44%
-110.98%
Loss To Profit
Net Profit
3.52
-5.15
Loss To Profit
Net Profit Margin (%)
16.80%
-105.75%
Loss To Profit
EPS
1.22
-2.51
Loss To Profit
FY24 Key Financials at a Glance:
(₹ Crores)
Particular
FY24
FY23
YoY Change
Total Income
86.90
67.38
28.97%
EBITDA
12.37
3.37
206.82%
EBITDA (%)
14.23%
5.01%
689 BPS
Net Profit
7.28
-0.30
Loss To Profit
Net Profit Margin (%)
8.38%
-0.44%
Loss To Profit
EPS
2.52
-0.10
Loss To Profit
Key Financial Highlights:
The Book Value of the company stands at ₹ 56 per share.
Commenting on the performance,Mr. Bhavesh P Sheth, Director of Fiberweb (India) Ltd. said, “We are pleased to announce our Q4 and FY24 results, which demonstrate our resilience and a significant turnaround in our financial performance. We have also achieved substantial improvements in profitability, reflected in our strong margin growth.
The improving market conditions are expected to sustain our growth moving forward. We are deeply grateful to all our stakeholders for their long-term support.”
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