Filatex India Limited — Board Meeting, 29-01-2025: Outcome of Board Meeting

The Board of Directors of Filatex India has approved the standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Key figures include a consolidated revenue of ₹1,068.69 Cr for the quarter and ₹3,172.13 Cr for the nine-month period. The net profit stands at ₹47.43 Cr for the quarter and ₹93.19 Cr for the nine months. Furthermore, the board has greenlit an expansion project to enhance manufacturing capabilities at Dahej, with a capital requirement of approximately ₹155 Cr, expected to enter operation by June 2026. Additionally, a ₹24 Cr investment in a hybrid power project with Torrent Power is set to enhance sustainability efforts.