Sutlej Textiles and Industries Limited — Updates, 08-11-2024: Press Release
08-11-2024 | 01:17 pm
08-11-2024 | 01:17 pm
Sutlej Textiles and Industries Limited reported a consolidated total income of ₹690 crores for Q2 FY25, reflecting a 4% increase from the previous quarter. However, EBITDA dropped by 39% to ₹16 crores due to challenging market conditions. The company remains cautiously optimistic about a sector revival despite subdued demand. Awards for export excellence were also announced, alongside a credit rating of 'A+' from India Ratings, indicating adequate financial safety.
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