Filatex India Limited — Results, 29-01-2025: Integrated Filing- Financial
Filatex India Limited has announced financial results for the quarter and nine months ended December 31, 2024. Revenue from operations is reported at ₹1,068.69 crore for Q3, a slight increase from ₹1,049.10 crore in the previous quarter, while net profit surged to ₹47.43 crore from ₹13.52 crore QoQ. However, total revenue for the nine months declined to ₹3,172.13 crore compared to ₹3,260.06 crore YoY. The company is moving forward with plans for a ₹24 crore hybrid power project to enhance sustainability and aims to add 64,800 MTPA in manufacturing capacity by mid-2026, which could provide significant operational efficiencies. This shifting strategy could foster a positive outlook among investors, reflecting improved performance and sustainable practices.
