For Q1, FY25 ending June 2024, net sales of Sutlej Textiles and Industries’ declined by 6.59 per cent Y-o-Y to Rs 658.07 crore as against Rs 704.48 crore recorded in the corresponding quarter last year.

However, despite this decline, the company managed to narrow its quarterly net loss, by 62.61 per cent Y-o-Y to Rs 11.40 crore in June 2024 from Rs 30.49 crore in June 2023.

Additionally, the company's EBITDA increased by 429.14 per cent Y-o-Y to Rs 25.24 crore in June 2024, up from Rs 4.77 crore in the corresponding quarter of the previous year.

On the Q-o-Q basis, the company’s net sales increased marginally from Rs 656.45 crore reported in Q4, FY24. Its net loss narrowed to Rs 25.55 crore