{"id":16206,"date":"2023-11-17T12:10:06","date_gmt":"2023-11-17T06:40:06","guid":{"rendered":"https:\/\/gwaliorbuzz.com\/index.php\/2023\/11\/17\/fiberweb-india-h1-fy24-total-income-rises-by-18\/"},"modified":"2023-11-17T12:10:06","modified_gmt":"2023-11-17T06:40:06","slug":"fiberweb-india-h1-fy24-total-income-rises-by-18","status":"publish","type":"post","link":"https:\/\/gwaliorbuzz.com\/index.php\/2023\/11\/17\/fiberweb-india-h1-fy24-total-income-rises-by-18\/","title":{"rendered":"Fiberweb India H1 FY24 Total Income Rises By 18%"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], November 17<\/strong>: Fiberweb (India) Ltd.\u00a0a 100% EOU\u00a0&amp;\u00a0manufacturers of non-woven fabrics\u00a0announced its\u00a0unaudited\u00a0Q2\u00a0FY24\u00a0result.\u00a0<\/p>\n<p>H1 FY24 Key Financials at a Glance:\u00a0<\/p>\n<p>\u2022\u00a0Total Income for the H1 FY24 stood at\u00a0\u20b9\u00a050.99 crore.<\/p>\n<p>\u2022\u00a0EBITDA for the H1 FY24 stood at\u00a0\u20b9\u00a04.95 crore.<\/p>\n<p>\u2022\u00a0EBITDA Margin for the H1 FY24 stood at 9.71%<\/p>\n<p>\u2022\u00a0PAT for the H1 FY24 stood at\u00a0\u20b9\u00a02.20 crore.<\/p>\n<p>\u2022\u00a0PAT Margin for the H1 FY24 stood at 4.32%<\/p>\n<p>\u2022\u00a0EPS for the H1 FY24 stood at\u00a0\u20b9\u00a00.77<\/p>\n<p>Q2\u00a0FY24\u00a0Key Financials at a Glance:\u00a0<\/p>\n<p>\u2022\u00a0Total Income for the\u00a0Q2\u00a0FY24\u00a0stood at\u00a0\u20b9\u00a020.99\u00a0crore.<\/p>\n<p>\u2022\u00a0EBITDA for the\u00a0Q2\u00a0FY24\u00a0stood at\u00a0\u20b9\u00a02.55\u00a0crore.<\/p>\n<p>\u2022\u00a0EBITDA Margin for the Q2 FY24 stood at 12.13%<\/p>\n<p>\u2022\u00a0PAT for the\u00a0Q2\u00a0FY24\u00a0stood at\u00a0\u20b9\u00a01.27\u00a0crore.<\/p>\n<p>\u2022\u00a0PAT Margin for the Q2 FY24 stood at 6.05%<\/p>\n<p>\u2022\u00a0EPS for the\u00a0Q2\u00a0FY24\u00a0stood at\u00a0\u20b9\u00a00.44<\/p>\n<p>Speaking on the occasion Mr. Bhavesh P Sheth,\u00a0Director\u00a0of Fiberweb (India) Ltd said,\u00a0\u201cThe first half of FY24 has displayed promising growth, with a notable uptick in the demand for our products.\u00a0We\u2019ve\u00a0also\u00a0observed a significant improvement in margins during the second quarter of FY24, primarily attributed to our enhanced operational efficiency.\u00a0<\/p>\n<p>We maintain an optimistic outlook for the remainder of FY24, as we anticipate a continued increase in demand for our products, which we believe will serve as a significant driver for overall growth.\u201d<\/p>\n<p>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.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], November 17: Fiberweb (India) Ltd.\u00a0a 100% EOU\u00a0&amp;\u00a0manufacturers of non-woven fabrics\u00a0announced its\u00a0unaudited\u00a0Q2\u00a0FY24\u00a0result.\u00a0 H1 FY24 Key Financials at a Glance:\u00a0 \u2022\u00a0Total Income for the H1 FY24 stood at\u00a0\u20b9\u00a050.99 crore. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16207,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[646],"class_list":["post-16206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","_links":{"self":[{"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/posts\/16206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/comments?post=16206"}],"version-history":[{"count":0,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/posts\/16206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/media\/16207"}],"wp:attachment":[{"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/media?parent=16206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/categories?post=16206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/tags?post=16206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}