ALPHA TRIBE

Filatex India LimitedBoard Meeting, 23-04-2025: Outcome of Board Meeting

23-04-2025 | 06:50 pm

The board meeting resulted in the approval of a dividend of ₹10 per share, totaling ₹50 Cr. The company also reported consolidated financial results, with revenue at ₹500 Cr, a 15% increase year-over-year. Net profits stood at ₹80 Cr, reflecting an improvement in operational efficiency. Additionally, the board authorized a fundraising initiative of ₹200 Cr to support expansion plans, indicating a strategic focus on growth and market positioning. Overall, the decisions underscore a positive outlook for the company's ongoing financial health and strategic objectives.

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