Financial results for the quarter and year ended 31st March, 2026
SUTLEJTEX · price
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Sutlej Textiles reported a standalone revenue of Rs. 2,565.68 crore for FY26, down 2.9% from Rs. 2,642.36 crore in FY25. The company posted a net loss of Rs. 79.85 crore for FY26 (vs Rs. 84.20 crore loss in FY25), with Q4 standalone loss at Rs. 24.82 crore. On a consolidated basis, the net loss widened to Rs. 86.31 crore from Rs. 68.40 crore in the previous year. Exceptional items included Rs. 20.74 crore impairment of investment in a wholly owned subsidiary (American Silk Mills) due to strategic curtailment of its operations, Rs. 1.29 crore loss on sale of CGPP assets, and Rs. 0.48 crore impact from new labour codes. The company also announced entry into Technical Textiles (Protective Textiles) as a new business vertical and appointed Alok Ohrie as Additional Independent Director.
Persistent losses and revenue decline indicate ongoing financial stress in the core textile business. The impairment of subsidiary investment and entry into new business segments are notable strategic developments. Auditors issued an unmodified opinion, suggesting no immediate going concern issues.