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    Home - Business - Fiberweb India Sees EBITDA Margin Expand by 1138 bps YoY
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    Fiberweb India Sees EBITDA Margin Expand by 1138 bps YoY

    PNN Online DeskBy PNN Online DeskAugust 14, 2024Updated:August 14, 2024No Comments2 Mins Read
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    Mumbai (Maharashtra) [India], August 14: Fiberweb (India) Limited a 100% EOU & manufacturers of non-woven fabrics announced unaudited Q1 FY25 result. 

    Key Financial highlights 

    Q1 FY25

    – Total Income of ₹ 25.56 Cr

    – EBITDA of ₹ 4.96 Cr; up 106.12% YoY

    – EBITDA Margin of 19.41%; up 1138 BPS

    – Net Profit of ₹ 2.90 Cr; up 210.78%

    – Net Profit Margin of 11.34%; up 823 BPS

    – EPS (₹) of 1.01; up 215.63%

    Commenting on the performance, Mr. Bhavesh P Sheth, Director of Fiberweb (India) Ltd. said, “We 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 & EPS.

    Our ‘IND BB+ / Stable’ 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’re pleased to report a net profit of ₹2.90 Cr, a significant turnaround from the ₹0.30 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.

    We remain optimistic about the opportunities ahead and are committed to achieving our objectives with determination and diligence.”

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    Fiberweb India
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