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Fiberweb (India) Ltd delivers 167% YoY growth in net profit
short by / on Tuesday, 11 February, 2025
Fiberweb (India) Ltd, established in 1985, is a leading manufacturer of spun bond nonwoven fabrics. It exports to countries like the USA, UK, and Australia. In 9MFY25, company saw a 16% rise in net sales and a 167% surge in net profit compared to 9MY24. Company plans to raise ₹40 crore through a rights issue, offering 3 new shares for every 10 held.