Fiberweb (India) Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 206.38 million compared to INR 253.86 million a year ago. Revenue was INR 209.93 million compared to INR 258.07 million a year ago. Net income was INR 12.7 million compared to INR 16.37 million a year ago. Basic earnings per share from continuing operations was INR 0.44 compared to INR 0.57 a year ago. Diluted earnings per share from continuing operations was INR 0.44 compared to INR 0.57 a year ago.
For the six months, sales was INR 506.3 million compared to INR 421.91 million a year ago. Revenue was INR 509.9 million compared to INR 432.57 million a year ago. Net income was INR 22.03 million compared to INR 33.36 million a year ago. Basic earnings per share from continuing operations was INR 0.77 compared to INR 1.16 a year ago. Diluted earnings per share from continuing operations was INR 0.77 compared to INR 1.16 a year ago.