Sutlej Textiles and Industries turns black in Q1
30th Jul 2021

Sutlej Textiles and Industries has reported results for first quarter ended June 30, 2021.

The company has reported net profit at Rs 24.02 crore for the quarter under review against net loss of Rs 34.43 crore for the same quarter in the previous year. Total income of the company jumped by 3-fold at Rs 581.54 crore for Q1FY22 as compared to Rs 193.51 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 20.39 crore for the quarter under review against net loss of Rs 38.23 crore for the same quarter in the previous year. Total income of the company jumped by 3-fold at Rs 590.51 crore for Q1FY22 as compared to Rs 197.30 crore for the corresponding quarter previous year.