In its Q4FY2022, Sutlej Textiles and Industries reported a 41.40 per cent rise in net profit to Rs 51.64 crore from Rs 36.52 crore profit recorded in Q3 FY2022. As per an Equity Bulls report, total income rose 9.46 per cent to Rs 901.02 crore in Q4 ended March 31, 2022 compared to Rs 823.12 crore during the third ended December 31, 2021. The company reported EPS of Rs 3.15 for the quarter.
On a yearly basis, Sutlej Textiles and Industries posted net profit of Rs 51.64 crore for 2022 as against net loss of Rs 27.77 crore for 2021. A leading textile solutions provider, Sutlej Textiles and Industries manufactures textile products extending from yarns and fabrics to home furnishing. Since its inception, the company has been making superior spun yarns that have set industry benchmarks for innovation. It processes one of the largest product portfolios of spun-dyed and cotton blended and cotton mélange and dyed yarns in India.
