Filatex India Ltd's Q3FY25 Quarterly Results

Result Summary

• Filatex India Ltd reported a 1.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a - of -.
• Its expenses for the quarter were down by 2.3% QoQ and - - YoY.
• The net profit increased 253.3% QoQ and - - YoY.
• The earnings per share (EPS) of Filatex India Ltd stood at 1.1 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Filatex India Ltd is a prominent player in the Indian textile industry, primarily engaged in the manufacturing and distribution of polyester filament yarns. The company offers a diverse range of products, including partially oriented yarns, fully drawn yarns, and polypropylene yarns, catering to various segments of the textile sector. Filatex India Ltd has established a significant presence in both domestic and international markets, driven by its focus on innovation and quality. The company has been investing in expanding its production capacity and enhancing its product offerings to meet the evolving demands of the textile industry. Recent developments have seen Filatex India Ltd enhance its sustainability initiatives, aligning with industry trends towards eco-friendly and sustainable manufacturing practices.

Revenue

For the quarter ending Q3FY25, Filatex India Ltd reported a total income of ₹1071.50 crores. This marks a 1.9% increase compared to the previous quarter, Q2FY25, which recorded a total income of ₹1051.81 crores. The increase in total income indicates a positive revenue trend over the quarter. However, year-over-year comparison data for Q3FY24 is not available, preventing a direct assessment of annual growth. The revenue figures reflect the company's capability to maintain a steady income stream amidst a challenging market environment, underscoring its resilience and operational efficiency.

Profitability

During Q3FY25, Filatex India Ltd achieved a Profit Before Tax (PBT) of ₹61.97 crores, significantly higher than the ₹18.22 crores recorded in Q2FY25, representing a substantial quarter-over-quarter increase of 240.1%. After accounting for taxes of ₹14.84 crores, the Profit After Tax (PAT) stood at ₹47.13 crores for Q3FY25, marking a remarkable growth of 253.3% compared to the ₹13.34 crores PAT in Q2FY25. The Earnings Per Share (EPS) for Q3FY25 was ₹1.10, compared to ₹0.30 in Q2FY25, reflecting a 266.7% increase. These profitability metrics highlight the company's robust financial performance during the quarter.

Operating Metrics

Analyzing the operating metrics for Q3FY25, Filatex India Ltd's total expenses were reported at ₹1009.53 crores, showing a 2.3% decrease from the previous quarter's total expenses of ₹1033.59 crores. The reduction in expenses, coupled with an increase in total income, has contributed to improved profitability margins for the quarter. The significant improvements in profit metrics such as PBT and PAT, despite a relatively modest increase in total income, indicate effective cost management and operational efficiency. The financial data for Q3FY24 is not available, making it challenging to provide a year-over-year operational comparison. Nonetheless, the available data from Q3FY25 reflects a strong operational quarter for Filatex India Ltd.