Filatex India Ltd, a leading manufacturer of synthetic filament yarns, reported its audited results for Q4FY24 & FY24 on April 30, 2024. Filatex reported revenue of Rs 1,026 crore in Q4FY24 (Rs 1,083 cr in Q3FY24), EBITDA of Rs 64.6 cr (vs. Rs 74.7 cr), Profit Before Tax of Rs 47.2 cr (vs.
The first-ever meeting of the newly constituted Textile Advisory Group (TAG) for manmade fibre under the Ministry of Textiles has offered hope for changes in customs duty on knitted fabrics to reduce imports. “We raised the issue of illegal and undervalued import of Chinese knitted fabric, which is mixed with woven fabric,” RK Vij, Secretary […]