Stock Report

Fiberweb India Ltd posts Rs. 1.27 crore net profit in Q2 FY24



Posted On : 2023-11-05 17:21:21( TIMEZONE : IST )

Fiberweb India Ltd posts Rs. 1.27 crore net profit in Q2 FY24

FIBERWEB (INDIA) LTD. has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 20.9933 crores during the period ended September 30, 2023 as compared to Rs. 29.9967 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.2701 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.9326 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.44 for the period ended September 30, 2023 as compared to Rs. 0.32 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹20.9933 crs ₹29.9967 crs Up Tick / Down Tick-30.01%
Net Profit ₹1.2701 crs ₹0.9326 crs Up Tick / Down Tick36.19%
EPS ₹0.44 ₹0.32 Up Tick / Down Tick37.50%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.20.9933 crores during the period ended September 30, 2023 as compared to Rs.25.8071 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.2701 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.6371 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.44 for the period ended September 30, 2023 as compared to Rs.0.57 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹20.9933 crs ₹25.8071 crs Up Tick / Down Tick-18.65%
Net Profit ₹1.2701 crs ₹1.6371 crs Up Tick / Down Tick-22.42%
EPS ₹0.44 ₹0.57 Up Tick / Down Tick-22.81%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.50.99 crores during the 6 Months period ended September 30, 2023 as compared to Rs.43.2574 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.2029 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.3.3361 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.77 for the 6 Months period ended September 30, 2023 as compared to Rs.1.16 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹50.99 crs ₹43.2574 crs Up Tick / Down Tick17.88%
Net Profit ₹2.2029 crs ₹3.3361 crs Up Tick / Down Tick-33.97%
EPS ₹0.77 ₹1.16 Up Tick / Down Tick-33.62%

Shares of FIBERWEB (INDIA) LTD. was last trading in BSE at Rs. 31.91 as compared to the previous close of Rs. 31.72. The total number of shares traded during the day was 2294 in over 81 trades.

The stock hit an intraday high of Rs. 32.31 and intraday low of 31.80. The net turnover during the day was Rs. 73562.00.

Source : Equity Bulls

Keywords

FiberwebIndia Q2FY24 H1FY24 ResultUpdate