Sutlej Textiles and Industries Limited has informed the Exchange about Adoption of new line(s) of business
SUTLEJTEX · price
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Sutlej Textiles reported FY2026 standalone revenue of Rs. 2,565.68 crore, down 3% from Rs. 2,642.36 crore in the previous year. The company posted a standalone net loss of Rs. 79.85 crore, narrower than Rs. 84.20 crore loss a year ago. Consolidated net loss stood at Rs. 86.31 crore. The board approved entry into Technical Textiles, specifically Protective Textiles covering industrial safety, flame protection, defence, and specialised workwear - sectors the company sees as high-growth. The entry will leverage existing manufacturing infrastructure in a capital-efficient manner. The board also appointed Alok Ohrie, former Dell Technologies India President & MD, as Additional Independent Director for 5 years.
While the company reduced losses year-on-year, weak revenue growth and continued losses weigh on near-term sentiment. The new Technical Textiles business diversifies beyond commodity yarn/home textiles into higher-margin segments, potentially improving long-term profitability if executed successfully. However, no specific investment amount or revenue timeline was provided.