Filatex India Aims For 8% EBITDA Margins In Coming Quarters
  • WebDesk BTVI
  • Aug 06 2019

Synthetic filament yarn maker Filatex India has posted muted June quarter numbers, with net profit and revenue flat at Rs 20 crore and Rs 697 crore, respectively, and EBITDA margins down by 70 bps at 7.37 per cent. Speaking to BTVI, Madhusudhan Bhageria, CMD, Filatex India, said the firm is aiming to post around 8% EBITDA margins in the coming quarters. The company will set up a power plant at Dahej for internal utilisation only. Here's more.