Sutlej Textiles & Industries Share Price

Textiles company Sutlej Textiles & Industries announced Q2FY25 results Total Income: Rs 680 crore compared to Rs 659 crore during Q1FY25, change 3%. EBITDA: Rs 16 crore compared to Rs 26 crore during Q1FY25, change -39%. EBITDA margin: 2.4% for Q2FY25. PBT: Rs 1 crore compared to Rs 11 crore during Q1FY25, change -93%. PAT: Rs -18 crore compared to Rs -15 crore during Q1FY25, change -18%. PAT margin: -3% for Q2FY25. C. S. Nopany, Executive Chairman, Sutlej Textiles and Industries, said: “The current outlook for the global economy is marked by several conflicts that have the potential to disrupt global trade and have also had a dampening impact on local economies of traditional textile markets. The revival of demand in the EU, UK and US has been slower than anticipated and the domestic market continues to be cautious with subdued demand despite a good monsoon, improved rural incomes and the festive season. At Sutlej, our strategic investments in a fungible capacity have helped us weather some of the headwinds in the sector. We remain cautiously optimistic that the sector will see a revival in the forthcoming year and we believe we are well placed to mirror a revival in the sector.” Result PDF

• Trendlyne
• 1 year 6 months ago

Sutlej Textiles & Industries announced Q2FY23 results: H1FY23: Total Income at Rs 1,679 crore, up 21% EBITDA at Rs 232 crore, up 27% EBITDA margin at 13.80% PAT at Rs. 77 crore, up 24% Commenting on the results, Mr. C. S. Nopany, Executive Chairman, Sutlej Textiles and Industries Limited said: “The global economic turmoil coupled with inflationary pressures has resulted in a challenging operating environment for most sectors, including the textiles. We are now witnessing key commodity prices decline from their extraordinary highs, resulting in a slowing down of demand in almost all geographies. As prices continue on a downward trajectory finding a new equilibrium, demand and offtake remained subdued in Q2. At Sutlej, while the quarterly performance has been under some pressure, we have been quite resilient and have operated at optimum capacity due to our diversified portfolio, multi-market operations, and strong relationships with our customers and we remain cognizant of the overall market dynamics going forward.” Result PDF

• Trendlyne
• 3 years 6 months ago

Sutlej Textiles & Industries announced Q1FY23 Result : Total Income at Rs 853 Crs, up 44% EBITDA at Rs 138 Crs, up 81% EBITDA margin at 16.14% PAT at Rs. 45 Crs, up 123% Commenting on the results, Mr. C. S. Nopany, Executive Chairman, Sutlej Textiles and Industries Limited said: “The key challenge faced by the Textile Industry has been the rising raw material prices and consequently prices of all textile products. While this is likely to create pressure on demand for the short term, we see the situation easing out with the arrival of the new cotton crop on the back of a favorable monsoon. The approaching festive season and other positives like the China Plus Factor, Government initiatives to boost the industry, we expect the overall opportunity to remain intact. At Sutlej, despite the current dynamics, we reported a good quarter, although we are mindful of the challenging business environment and shall continue to consistently deliver on the back of our resilient business operations.” Result PDF

• Trendlyne
• 3 years 9 months ago