PN Mumbai (Maharashtra) [India], May 23: Sky Industries Limited, (BSE – 526479) one of the leading Hook & Loop manufacturer and exporter, announced Audited Financial Results for Q4 FY24 & FY24, Key Financial Highlights ( Standalone Q4 FY2 *) Total Income Rs 21.75 crore, growth of 22.54 bp YoY * EBITDA Rs 2.71 crore, growth of 70.79 bp YoY * EBITDA margin 12.48%, growth of 352 Bp YoY * Net Profit of Rs 1.53 crore, growth of 176.97 bp YoY * Net Profit Margin 6.90%, YoY growth of 382 bp * EPS of Rs 1.94, YoY growth of Rs 181.16 FY2 * Total Income of Rs 83.98 crore, YoY growth of Rs 11.62 * EBITDA of Rs 9.13 crore, YoY growth of Rs 62.13 * EBITDA margin of 10.87%, * Net profit of Rs 4.71 crore, YoY growth of 339 bp * Net profit of Rs 4.71 crore, YoY growth of Rs 163.92 * Net profit margin of 5.57%, YoY growth of 322 bp * EPS of Rs 5.97, YoY growth of Rs 164.16 Highlights for Q4 FY2 - The company has Has also declared a final dividend of Re 1 (10%) per equity share for the financial year ending March 31, 2024 - Company's operating cash flow increased by 353% to Rs 8.25 crore in FY24, Sky Shailesh Shah, Managing Director, Sky Industries Limited, said, “As we reflect on FY24, it is clear that Sky Industries Limited has retained its reputation as one of the leading players in the hook and loop industry. Your continued commitment to excellence, coupled with a visionary vision, has led us to achieve commendable results in both our top-line and bottom-line performance with improved profit margins. Throughout the year, we have strategically navigated the market taking advantage of challenges. Expertise and innovative solutions to capitalize on growth opportunities. Our expansion into the narrow-woven fabrics market is a testament to our agility and foresight in adapting to the dynamics of the emerging industry.Additionally, our focus on building strategic collaborations and exploring new avenues for growth has proven fruitful, helping us explore and diversify our product portfolio. New business models. This has not only increased margins but also strengthened our position in the market. Looking to the future, as we embark on our journey to redefine the future of narrow woven fabrics, we remain steadfast in our pursuit of excellence. With a dedicated team and clear vision, I am confident that Sky Industries Limited is well positioned to take advantage of emerging opportunities and deliver continued value to its stakeholders.