{"id":38033,"date":"2024-05-23T10:50:36","date_gmt":"2024-05-23T05:20:36","guid":{"rendered":"https:\/\/risingentrepreneurs.in\/index.php\/2024\/05\/23\/fiberweb-india-q4-fy24-total-income-up-328-percent\/"},"modified":"2024-05-23T10:50:36","modified_gmt":"2024-05-23T05:20:36","slug":"fiberweb-india-q4-fy24-total-income-up-328-percent","status":"publish","type":"post","link":"https:\/\/risingentrepreneurs.in\/index.php\/2024\/05\/23\/fiberweb-india-q4-fy24-total-income-up-328-percent\/","title":{"rendered":"Fiberweb India Q4 FY24 Total Income Up 328 Percent"},"content":{"rendered":"
\n
\n

Mumbai (Maharashtra) [India], May 23:<\/strong> Fiberweb (India) Ltd. a 100% EOU & manufacturers of non-woven fabrics announced its audited Q4 FY24 & FY24 result.\u00a0<\/p>\n

Q4 FY24 Key Financials at a Glance:\u00a0<\/strong><\/p>\n

(\u20b9\u00a0\u00a0Crores)<\/p>\n

\n\n\n\n\n\n\n\n\n\n
Particular<\/td>\nQ4FY24<\/td>\nQ4FY23<\/td>\n\u00a0YoY Change<\/td>\n<\/tr>\n
Total Income<\/td>\n20.95<\/td>\n4.90<\/td>\n327.55%<\/td>\n<\/tr>\n
EBITDA<\/td>\n5.33<\/td>\n-5.40<\/td>\nLoss To Profit<\/td>\n<\/tr>\n
EBITDA (%)<\/td>\n25.44%<\/td>\n-110.98%<\/td>\nLoss To Profit<\/td>\n<\/tr>\n
Net Profit<\/td>\n3.52<\/td>\n-5.15<\/td>\nLoss To Profit<\/td>\n<\/tr>\n
Net Profit Margin (%)<\/td>\n16.80%<\/td>\n-105.75%<\/td>\nLoss To Profit<\/td>\n<\/tr>\n
EPS<\/td>\n1.22<\/td>\n-2.51<\/td>\nLoss To Profit<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

FY24 Key Financials at a Glance:\u00a0<\/strong><\/p>\n

(\u20b9\u00a0Crores)<\/p>\n

\n\n\n\n\n\n\n\n\n\n
Particular<\/td>\nFY24<\/td>\nFY23<\/td>\n\u00a0YoY Change<\/td>\n<\/tr>\n
Total Income<\/td>\n86.90<\/td>\n67.38<\/td>\n28.97%<\/td>\n<\/tr>\n
EBITDA<\/td>\n12.37<\/td>\n3.37<\/td>\n206.82%<\/td>\n<\/tr>\n
EBITDA (%)<\/td>\n14.23%<\/td>\n5.01%<\/td>\n689 BPS<\/td>\n<\/tr>\n
Net Profit<\/td>\n7.28<\/td>\n-0.30<\/td>\nLoss To Profit<\/td>\n<\/tr>\n
Net Profit Margin (%)<\/td>\n8.38%<\/td>\n-0.44%<\/td>\nLoss To Profit<\/td>\n<\/tr>\n
EPS<\/td>\n2.52<\/td>\n-0.10<\/td>\nLoss To Profit<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Key Financial Highlights:<\/strong><\/p>\n

The Book Value of the company stands at\u00a0\u20b9 56\u00a0per share.<\/p>\n

Commenting on the performance,Mr. Bhavesh P Sheth, Director of Fiberweb (India) Ltd. said,\u00a0\u201cWe 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.<\/p>\n

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.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], May 23: Fiberweb (India) Ltd. a 100% EOU & manufacturers of non-woven…<\/p>\n","protected":false},"author":2,"featured_media":38034,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1331],"class_list":["post-38033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/38033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/comments?post=38033"}],"version-history":[{"count":0,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/38033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media\/38034"}],"wp:attachment":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media?parent=38033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/categories?post=38033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/tags?post=38033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}