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Filatex India Ltd Q1FY24; 58% fall in Profits

Filatex India Ltd. is engaged in the manufacturing and trading of synthetic yarn and textiles such as Polyester Chips, Narrow Fabrics etc.

Financial Results:

  • Filatex India Ltd reported Revenues for Q1FY24 of ₹1,069.00 Crores up from ₹1,023.00 Crore year on year, a rise of 4.5%.
  • Total Expenses for Q1FY24 of ₹1,050.00 Crores up from ₹971.00 Crores year on year, a rise of 8.14%.
  • Consolidated Net Profit of ₹18.00 Crores down 58.14% from ₹43.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.40, down 59.18% from ₹0.98 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: textile
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