Filatex India Ltd, a leading manufacturer of synthetic filament yarns, announced its Q2 FY25 and H1 FY25 financial results, showing a decrease in revenue and net profit for the quarter. However, management remains optimistic about future growth, especially with the recent positive shift in demand and margin trends.
Q2 FY25 Financial & Operational Highlights (YoY) – Q2FY25 vs Q2FY24
- Revenue: ₹1,049 crore, down 5.3% from ₹1,108 crore in Q2 FY24.
- EBITDA: Stands at ₹45.7 crore, compared to ₹54.2 crore in the same period last year.
- Net Profit: Declined to ₹13.5 crore from ₹23.1 crore in Q2 FY24.
- Production Quantity: 94,993 metric tonnes (MT), down from 1,03,307 MT.
- Sales Quantity: 96,255 MT, compared to 1,03,677 MT in Q2 FY24.
H1 FY25 Financial & Operational Highlights (YoY) – H1FY25 vs H1FY24
- Revenue: ₹2,103 crore, a slight decrease from ₹2,177 crore in H1 FY24.
- EBITDA: Increased to ₹106.6 crore, up from ₹99.1 crore.
- Net Profit: Improved to ₹45.8 crore, compared to ₹40.7 crore in H1 FY24.
- Production Quantity: 1,92,572 MT, compared to 2,05,711 MT.
- Sales Quantity: 1,92,217 MT, down from 2,03,888 MT in H1 FY24.
Message from Management
Filatex India’s CMD, Mr. Madhu Sudhan Bhageria, commented on the subdued demand experienced during July and August. However, he highlighted a positive shift that began in October, with encouraging growth in demand and margins across operations, a trend that has continued into the present.
“We are well-positioned to benefit from the market’s turnaround. Our market position provides us with a solid foundation to leverage this positive momentum effectively and sustainably,” Bhageria said.
He also emphasized the company’s commitment to sustainability, particularly its focus on recycled polyester production, aligning with global efforts toward environmental responsibility.
With signs of a market turnaround and a strategic focus on sustainability, Filatex India is optimistic about future growth. The company’s performance in the recycled polyester sector is expected to drive long-term expansion, aligning with both business goals and environmental values.
