Sutlej Textiles and Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on May 09, 2025.
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Sutlej Textiles' Board, at its May 9, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion from B S R & Co. LLP. Standalone FY25 revenue from operations fell slightly to Rs. 2,642.36 crore (vs Rs. 2,671.72 crore last year), but net loss narrowed sharply to Rs. 84.20 crore from Rs. 134.61 crore. Consolidated FY25 revenue stood at Rs. 2,676.76 crore with a net loss of Rs. 68.40 crore (vs Rs. 135.56 crore). Q4 standalone revenue grew to Rs. 666.02 crore (vs Rs. 650.00 crore), with loss of Rs. 27.78 crore. Exceptional items of Rs. 22.70 crore relate to impairment of investment in a wholly-owned subsidiary. The Board also appointed M/s. CSM & Co. as Secretarial Auditor for five years (FY26-FY30), subject to shareholder approval.
Shareholders continue to face losses, though the magnitude has improved materially year-on-year on both standalone and consolidated bases. Revenue remains under pressure and EPS for FY25 is still negative at Rs. (5.14) standalone / Rs. (4.18) consolidated, making this a mixed-to-negative update despite the narrowed losses.