Fiberweb (India) Ltd Share Price – NSE  / BSE

Textiles, Small Cap

On a standalone basis, net profit of Fiberweb (India) surged 178.74% to Rs 3.54 crore on 21.17% increase in net sales to Rs 25.01 crore in Q2 September 2024 over Q2 September 2023.

Profit before tax stood at Rs 4.04 crore in the Q2FY25, up 134.9% YoY and up 6.32% QoQ. Operating profit margin (OPM) expanded to 18.35% in Q2 FY25, up from 10.66% in the same period last year.

Total expenses rose 10.6% to Rs 20.41 crore in Q2 FY25 over Q2 FY24. During the quarter, cost of materials consumed stood at Rs 9.54 crore (down 21.2% YoY) while employee benefits expense was at Rs 0.96 crore (down 11.1% YoY).

Net cash flow from operating activities improved to Rs 7.68 crore in Q2FY25 from a cash flow of Rs 0.12 crore in Q2FY24.

Fiberweb (India) is primarily engaged in polymer processing and other activities are revolving around the same. It manufactures spun-bond polypropylene nonwoven roll goods and products used globally in various industries, such as hygiene, agriculture crop cover and medical & industrial clothing.

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Net profit of Fiberweb (India) rose 178.74% to Rs 3.54 crore in the quarter ended September 2024 as against Rs 1.27 crore during the previous quarter ended September 2023. Sales rose 21.17% to Rs 25.01 crore in the quarter ended September 2024 as against Rs 20.64 crore during the previous quarter ended September 2023.

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Fiberweb (India) will hold a meeting of the Board of Directors of the Company on 5 November 2024.

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Fiberweb (India) announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.

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