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( As on 10/02/2025 18:00)

Fiberweb (India) Q3 net profit zooms 130.52% at Rs 3.55 cr

The company reported standalone net profit of Rs 3.55 crore for the quarter ended December 31, 2024 as compared to Rs 1.54 crore in the same period last year, registering a year-on-year growth of 130.52 per cent.

Net revenue of the company rose substantially by 71.41 per cent at Rs 25.18 crore in October-December quarter of this fiscal as against Rs 14.69 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 52.99 per cent to Rs 19.69 crore from Rs 12.87 crore in year ago period.

Other Income dipped by 88.46 per cent at Rs 0.03 crore versus (Dec'23 Rs 0.26 crore).

Operating Profit surged by 201.65 per cent to Rs 5.49 crore as against Rs 1.82 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 76.23 per cent in December quarter.

Interest grew by 42.86 per cent y-o-y to Rs 0.20 crore, while Taxation increased by 348.28 per cent at Rs 0.72 crore (Dec'23 Rs -0.29 crore).