{"id":40807,"date":"2024-08-14T17:18:07","date_gmt":"2024-08-14T11:48:07","guid":{"rendered":"https:\/\/risingentrepreneurs.in\/index.php\/2024\/08\/14\/fiberweb-india-sees-ebitda-margin-expand-by-1138-bps-yoy\/"},"modified":"2024-08-14T17:18:07","modified_gmt":"2024-08-14T11:48:07","slug":"fiberweb-india-sees-ebitda-margin-expand-by-1138-bps-yoy","status":"publish","type":"post","link":"https:\/\/risingentrepreneurs.in\/index.php\/2024\/08\/14\/fiberweb-india-sees-ebitda-margin-expand-by-1138-bps-yoy\/","title":{"rendered":"Fiberweb India Sees EBITDA Margin Expand by 1138 bps YoY"},"content":{"rendered":"<div>\n<div>\n<p>Mumbai (Maharashtra) [India], August 14: Fiberweb (India) Limited a 100% EOU &amp; manufacturers of non-woven fabrics announced unaudited Q1 FY25 result.\u00a0<\/p>\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-4 wp-block-group-is-layout-flex\">\n<p>Key\u00a0Financial\u00a0highlights\u00a0<\/p>\n<p>Q1 FY25<\/p>\n<p>\u2013 Total Income of\u00a0\u20b9\u00a025.56\u00a0Cr<\/p>\n<p>\u2013 EBITDA of\u00a0\u20b9\u00a04.96 Cr; up 106.12% YoY<\/p>\n<p>\u2013 EBITDA Margin of 19.41%; up 1138 BPS<\/p>\n<p>\u2013 Net Profit of\u00a0\u20b9\u00a02.90 Cr; up 210.78%<\/p>\n<p>\u2013 Net Profit Margin of 11.34%; up 823 BPS<\/p>\n<p>\u2013 EPS (\u20b9) of 1.01; up 215.63%<\/p>\n<\/div>\n<p>Commenting on the performance, Mr. Bhavesh P Sheth, Director of Fiberweb (India) Ltd. said, \u201cWe are delighted to share the outstanding performance of Fiberweb India Ltd for the Q1 FY25. Our company has demonstrated remarkable growth and resilience in a competitive market environment. We have achieved a significant increase in our Net Profit &amp; EPS.<\/p>\n<p>Our \u2018IND BB+ \/ Stable\u2019 rating for working capital and proposed term loan reflects our commitment to financial stability and growth. Despite steady total income, we successfully managed operating expenses, driving significant growth in our EBITDA and Net profit. We\u2019re pleased to report a net profit of \u20b92.90 Cr, a significant turnaround from the \u20b90.30 Cr loss in FY24. This improvement highlights our strong expense management and our commitment to growing profits while seizing market opportunities. We are confident in our ability to grow the top line in the upcoming quarters and remain committed to sustaining strong EBITDA and Net Profit performance.<\/p>\n<p>We remain optimistic about the opportunities ahead and are committed to achieving our objectives with determination and diligence.\u201d<\/p>\n<p><em>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":"<p>Mumbai (Maharashtra) [India], August 14: Fiberweb (India) Limited a 100% EOU &amp; manufacturers of non-woven&#8230;<\/p>\n","protected":false},"author":2,"featured_media":40808,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1331],"class_list":["post-40807","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\/40807","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=40807"}],"version-history":[{"count":0,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/40807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media\/40808"}],"wp:attachment":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media?parent=40807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/categories?post=40807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/tags?post=40807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}