Filatex Fashions Revenue Rises 7% To Rs 191 Crore In Fiscal 2025
Filatex Fashions net profit for fiscal 2025 came in at Rs 9.41 crore.
Hyderabad-based textiles manufacturer Filatex Fashions on Monday said its revenue rose by 7% to Rs 191.65 crore in 2024-25 on the back of export orders. The textile and fashion manufacturing company's total income increased to Rs 191.65 crore in fiscal 2025 from Rs 179.02 crore in fiscal 2024, marking a 7% growth, a statement said.
Filatex Fashions said its mining subsidiary, Filatex Mines and Minerals, in the last fiscal secured its first major export order worth $35 million (Rs 293 crore) from Bloomflora Ventures Ltd for the supply of 2,97,388 metric tonnes of White Marble over a seven-year period.
The mining subsidiary also secured a significant export order worth $43.875 million (approximately Rs 365 crore) from Societe DIMO - BTP SARL, a company based in the Republic of Guinea, in fiscal 2025. The order is for the supply of 1,59,000 tonnes of marble polished tiles over a five-year period.
Filatex Mines and Minerals became a subsidiary on Sept. 13, 2023, following a strategic equity swap arrangement.
The company's net profit for fiscal 2025 came in at Rs 9.41 crore.
For the quarter ended on March 31, 2025, its total income was Rs 72.05 crore compared to Rs 69.59 crore in the fourth quarter of fiscal 2024.
