Fiberweb (India) consolidated net profit rises 138.05% in the March 2017 quarter

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Sales rise 284.25% to Rs 68.82 crore
Net profit of Fiberweb (India) rose 138.05% to Rs 8.07 crore in the quarter ended March 2017 as against Rs 3.39 crore during the previous quarter ended March 2016. Sales rose 284.25% to Rs 68.82 crore in the quarter ended March 2017 as against Rs 17.91 crore during the previous quarter ended March 2016.For the full year,net profit rose 745.10% to Rs 17.24 crore in the year ended March 2017 as against Rs 2.04 crore during the previous year ended March 2016. Sales rose 111.14% to Rs 130.38 crore in the year ended March 2017 as against Rs 61.75 crore during the previous year ended March 2016.
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First Published: May 15 2017 | 5:46 PM IST