ALPHA TRIBE

Shanti Spintex LtdUpdates, 09-05-2025: Company Update

09-05-2025 | 02:54 pm

Shanti Spintex has announced a board meeting on its upcoming financial results for the quarter and half-year. FY25 was a breakthrough year with 40% revenue growth to Rs. 710 Cr, driven by full capacity utilization (89%) of 19.2 million meters and strong market demand for premium, sustainable denim fabrics. The company improved working capital efficiency, reducing the cash conversion cycle from 27 to 19 days, and cut debt by 60%, resulting in a net debt-to-equity ratio of 0.14x. Sustainability initiatives now meet over 50% of power needs via renewables, lowering costs. Forward and backward integration plans aim to further enhance margins and quality control.

No comments yet. Be the first to comment!

All announcements from Shanti Spintex Ltd