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KRChoksey Research Report
Filatex India Ltd. reported revenue growth of 90% YoY / 38.1% QoQ to Rs 9,650 million. Growth was largely driven by improvement in realisations and better product mix.
In Q2 FY22, total production was 88,918 million tonnes per annum as against 72,733 mtpa in Q2 FY21 and 77,959 mtpa in Q1 FY22.
Filatex India continued its focus on improving product mix which is visible from lower production and sales of chips and higher production and sales of polyester fully drawn yarn and text.
During Q2 FY22, total production of chips was 2,707 mtpa as against 5,031 mtpa in Q2 FY21 and 5,206 mtpa in Q1 FY22.
For H1 FY22, the revenue stood at Rs 16,639 million (up 154.9% YoY).
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