Expect revenue from new facility at Rs 750 crore in FY19, says Filatex India

Filatex India is in focus after reporting a good Q4.

Talking about revenues and margins of the company, MadhuSudhan Bhageria, vice chairman and managing director of Filatex India said, “Usually we get 1 or 2 percent better margins in bright stream … almost 80 percent utilisation we will have in FY19. (We) will ramp it up to around 90-95 percent in FY20. So, the new facility should give us Rs 750-800 crore of new topline in FY19.”