Yarns manufacturer Filatex India Ltd. is expecting an operational profit growth of Rs 90-100 crore from its recently commissioned one-lakh-tonne plant in Dahej port in Gujarat, its Managing Director Madhu Sudhan Bhageria said.
With no expansion plan in the upcoming financial year, the company expects to achieve a debt to equity ratio of 1:1, Bhageria told BloombergQuint. Its debt stood at Rs 600-625 crore, as of March 2018.
Shares rose as much as 5.5 percent to Rs 171.8 apiece.
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