Sutlej Textiles and Industries Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Sutlej Textiles and Industries Ltd reported a 4.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 7.5%.
- Its expenses for the quarter were down by 3.1% QoQ and up 5.8% YoY.
- The net profit increased 36.9% QoQ and decreased 14.7% YoY.
- The earnings per share (EPS) of Sutlej Textiles and Industries Ltd declined at 1.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 657.94 | 689.54 | 611.91 | -4.6% | 7.5% |
Total Expenses | 694.69 | 717.23 | 656.47 | -3.1% | 5.8% |
Profit Before Tax | -36.75 | -27.69 | -44.56 | 32.7% | -17.5% |
Tax | -11.09 | -8.94 | -14.48 | 24.0% | -23.4% |
Profit After Tax | -25.66 | -18.75 | -30.08 | 36.9% | -14.7% |
Earnings Per Share | -1.60 | -1.10 | -1.80 | 45.5% | -11.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sutlej Textiles and Industries Ltd is a prominent player in the textile industry, primarily engaged in the manufacture of a wide range of yarns, including cotton, synthetic, and blended yarns. The company is well-regarded for its expertise in producing value-added yarns and its focus on the high-end of the textile market. Sutlej Textiles has a significant presence in both domestic and international markets, catering to diverse customer needs across various segments. As of the latest available data, no recent major developments have been specifically noted for the company.
Revenue
For the third quarter of fiscal year 2025 (Q3FY25), Sutlej Textiles and Industries Ltd reported total income of ₹657.94 crores. This represents a quarter-over-quarter (QoQ) decrease of 4.6% from the second quarter of fiscal year 2025 (Q2FY25), where total income was ₹689.54 crores. However, on a year-over-year (YoY) basis, the total income increased by 7.5% from ₹611.91 crores in the third quarter of fiscal year 2024 (Q3FY24). These figures reflect changes in the company's revenue generation over the specified periods, illustrating both a decline from the previous quarter and growth compared to the same quarter last year.
Profitability
In the profitability segment, Sutlej Textiles and Industries Ltd recorded a loss before tax of ₹36.75 crores in Q3FY25, which is an improvement from a loss of ₹44.56 crores in Q3FY24, marking a YoY improvement of 17.5%. Despite this, there was a QoQ decline in profitability with a 32.7% increase in loss before tax from ₹27.69 crores in Q2FY25. The company's tax expenses for Q3FY25 stood at ₹11.09 crores, a decline from both the previous quarter and the same quarter last year, with a YoY decrease of 23.4%. The profit after tax for Q3FY25 was reported at a loss of ₹25.66 crores, showing a 14.7% YoY improvement from a loss of ₹30.08 crores in Q3FY24, and a 36.9% QoQ decline from a loss of ₹18.75 crores in Q2FY25. The earnings per share (EPS) for Q3FY25 was negative ₹1.60, which improved YoY from negative ₹1.80 in Q3FY24, despite a QoQ decline from negative ₹1.10 in Q2FY25.
Operating Metrics
The operating metrics highlight the expenses and the earnings efficiency of Sutlej Textiles and Industries Ltd. Total expenses for Q3FY25 were ₹694.69 crores, reflecting a QoQ decrease of 3.1% from ₹717.23 crores in Q2FY25 and a YoY increase of 5.8% from ₹656.47 crores in Q3FY24. This trend in expenses plays a crucial role in understanding the company's operational cost management and efficiency. The reported changes in financial metrics such as earnings per share and profit margins provide insight into the company's operational performance over the respective periods. Though the company registered losses, the movements in these figures are important indicators of its financial health and strategic direction.
