Fiberweb Approves Q1 Results; Board Authorizes Sweat Equity Share Issuance
Fiberweb (India) Limited announced key decisions following its Board of Directors meeting held on August 14, 2026, including the approval of Unaudited Standalone Financial Results for the first quarter ended June 30, 2026. The company also approved an alteration to its Articles of Association to authorize the issuance of Sweat Equity Shares, subject to shareholder approval.The Board reviewed and sanctioned several corporate matters in addition to the financial results. Key decisions included approving the Notice of the Annual General Meeting (AGM), the Directors' Report, Management Discussion & Analysis Report, Corporate Governance Report, and Secretarial Audit Report for the Financial Year 2025-2026. The company announced that its 41st Annual General Meeting is scheduled to be held on Tuesday, September 29, 2026.
The Board also approved the proposal to alter the Articles of Association (AOA) by inserting a new Article 55B concerning the Issue of Sweat Equity Shares. This enabling provision allows the company to issue Sweat Equity Shares to its promoters, employees, and/or directors for providing know-how, making available intellectual property rights, or for other purposes permitted under law. It was clarified that no decision has been taken regarding the actual issuance or allotment of any such shares at this time.
Financial Performance Overview
The Unaudited Standalone Financial Results for the quarter ending June 30, 2026, were reviewed by auditors M/s Akshay Kirtikumar & Associates LLP and approved by the Board. The company operates in the "Polymer Processing" segment exclusively.Performance figures across various periods are summarized below:
| Metric | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2025 (Audited) | Quarter Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Net Sales/Income from Operations | 986.10 | 972.07 | 2,891.89 | 8,456.17 |
| Total Income | 1,001.59 | 1,032.74 | 2,925.93 | 8,612.95 |
| Total Expenses | 965.14 | 856.09 | 2,392.69 | 7,266.22 |
| Profit / (loss) from operations before tax | 35.45 | 76.65 | 533.24 | 7,346.73 |
| Net Profit for the period | 27.34 | (152.14) | 505.85 | 1,001.49 |
| Total Comprehensive Income for the period | 27.34 | (152.14) | 505.86 | 1,001.49 |
Operational and Governance Updates
The company's products are manufactured in a plant that holds management system certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.In addition to the financial review, the Board addressed operational challenges reported by the company. Management noted that due to the ongoing US-Iran conflict, there have been significant disruptions in the supply of raw materials and logistics operations during the current quarter.
FIBERWEB Stock Price Movement
Fiberweb (India) Limited shares today slipped by 2.09% to settle at ₹29.02 in post-market trading after trading completed. The equity saw a total volume of 9,861 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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