Filatex Fashions appoints Prabhat Sethia as CFO; Q2 profit Rs 245 lakh

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AI summary

Board appointed Mr Prabhat Sethia as CFO effective Nov 11, 2025. Commerce graduate with 34 years experience in spinning. His wife Mrs Sangeeta Sethia is a Director. Q2 standalone revenue Rs 2,347.71 lakh; H1 FY26 standalone profit Rs 245.20 lakh versus Rs 395.70 lakh last year. Consolidated H1 profit Rs 246.98 lakh. Board also approved reclassification of 4 promoter group shareholders from promoter to public category, subject to exchange and shareholder approvals.

Likely market impact

Routine CFO appointment from promoter family circle. Year-on-year profit dipped. Promoter reclassification is procedural.