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Revenue rises across India's leading spinning companies in Q3 FY24

Filatex India Ltd

Filatex India Ltd, a leading manufacturer of polyester filament yarn and polypropylene filament yarn, showcased a robust improvement in its financial metrics. The company&#**;s revenue increased to &#****;*,***.** crore in December **** from &#****;*,***.** crore in December ****. Total income rose to &#****;*,***.** crore from &#****;*,***.** crore over the same period. A significant leap was observed in profit before tax (PBT), which surged to &#****;**.** crore from a mere &#****;*.** crore. Net profit followed suit, escalating to &#****;**.** crore from &#****;*.** crore. The earnings per share (EPS) saw a dramatic rise to &#****;*.** from &#****;*.**. Operational profit margin (OPM) doubled to *.** per cent from *.** per cent, and net profit margin (NPM) increased to *.** per cent from *.** per cent.