Fiberweb sales grow 10%

Fiberweb (India), a 100 per cent EOU manufacturers of nonwoven fabrics, has reported a 10 per cent growth in sales for the third quarter ended December 31, 2018. The company on a standalone basis has reported sales of Rs 35.11 crore for Q3FY19 on quarter-on-quarter basis. The company has reported EBIDTA of Rs 7.16 crore, with EBIDTA margins of 20 per cent. The net profit at Rs 6.13 crore, grew 5.75 per cent on Q-o-Q basis for the quarter. Net margins rose 17.45 per cent.