Fiberweb Limited Announces Unaudited Standalone and Consolidated Earnings Results for Third Quarter and Nine Months Ended December 31, 2018
January 17, 2019 at 04:06 am
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Fiberweb (India) Limited announced unaudited standalone and consolidated earnings results for third quarter and nine months ended December 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations was INR 351.027 million against INR 607.994 million a year ago. Profit from ordinary activities before tax was INR 61.283 million against INR 76.034 million a year ago. Profit for the period was INR 61.283 million against INR 76.034 million a year ago. Basic and diluted earnings per share were INR 2.13 against INR 5.28 a year ago. Total income from operations (net) was INR 351.027 million against INR 607.994 million reported last year.
For the nine months, on standalone basis, the company reported revenue from operations was INR 1,154.546 million against INR 1,402.820 million a year ago. Profit from ordinary activities before tax was INR 175.854 million against INR 190.295 million a year ago. Profit for the period was INR 175.854 million against INR 190.295 million a year ago. Basic and diluted earnings per share were INR 6.11 against INR 13.22 a year ago. Total income from operations (net) was INR 1,154.546 million against INR 1,402.820 million reported last year.
For the quarter, on consolidated basis, the company reported revenue from operations was INR 351.027 million against INR 817.993 million a year ago. Profit from ordinary activities before tax was INR 61.283 million against INR 103.179 million a year ago. Profit for the period was INR 61.283 million against INR 103.179 million a year ago. Basic and diluted earnings per share were INR 2.13 against INR 7.17 a year ago. Total income from operations (net) was INR 351.027 million against INR 817.993 million reported last year.
For the nine months, on consolidated basis, the company reported revenue from operations was INR 1,611.559 million against INR 1,976.119 million a year ago. Profit from ordinary activities before tax was INR 213.751 million against INR 264.850 million a year ago. Profit for the period was INR 213.751 million against INR 264.850 million a year ago. Basic and diluted earnings per share were INR 7.43 against INR 18.47 a year ago. Total income from operations (net) was INR 1,611.559 million against INR 1,976.119 million reported last year.
Fiberweb (India) Limited is engaged in manufacturing spun-bond polypropylene nonwoven roll goods and products. The Companyâs products are used globally in various industries, such as hygiene, agricultural crop cover and medical and industrial clothing. It also produces and exports melt blown fabrics, which is used for face masks, filtration, absorbents, rail tracks and a variety of products using spun bond and melt blown fabrics. Its spun-bond fabric has industrial applications, such as hospital masks/industrial garments, automotive, agricultural applications, geotextiles / structural engineering. Its melt blown fabric has applications in medical fabrics, oil absorbents, electronics, filtration, sanitary products, and apparel. The melt blown process produces a fine fiber, small pore size, non-woven web directly from polymer chips. Its products are exported to countries, such as the United States, United Kingdom, Europe, Australia, New Zealand, South Africa, and Gulf countries.
FIBERWEB (INDIA) LIMITED 
