Financial Results Overview
Standalone Performance (Quarter Ended 30 September 2026)
- Revenue from operations: ₹822.86 crores (28.8% increase from ₹638.66 crores in Q2 FY26)
- Other income: ₹10.18 crores
- Total income: ₹833.04 crores
- Profit before tax: ₹10.34 crores (improved from loss of ₹26.86 crores in Q2 FY26)
- Tax expense: ₹3.64 crores
- Net profit: ₹6.70 crores (improved from loss of ₹18.39 crores in Q2 FY26)
- Basic and diluted EPS: ₹0.41 (improved from loss of ₹1.12 in Q2 FY26)
Standalone Performance (Half Year Ended 30 September 2026)
- Revenue from operations: ₹1,520.09 crores
- Net profit: ₹9.39 crores (improved from loss of ₹44.07 crores in H1 FY26)
- Basic and diluted EPS: ₹0.57 (improved from loss of ₹2.69 in H1 FY26)
Consolidated Performance (Quarter Ended 30 September 2026)
- Revenue from operations: ₹825.95 crores
- Net profit: ₹7.78 crores (improved from loss of ₹21.86 crores in Q2 FY26)
- Basic and diluted EPS: ₹0.47 (improved from loss of ₹1.33 in Q2 FY26)
Consolidated Performance (Half Year Ended 30 September 2026)
- Revenue from operations: ₹1,523.79 crores
- Net profit: ₹8.63 crores (improved from loss of ₹51.96 crores in H1 FY26)
- Basic and diluted EPS: ₹0.53 (improved from loss of ₹3.17 in H1 FY26)
Segment Performance (Standalone)
Revenue Breakdown (Q2 FY27)
- Yarn segment: ₹760.80 crores (91.5% of total revenue)
- Home textile segment: ₹63.99 crores (7.7% of total revenue)
- Inter-segment revenue: ₹1.93 crores
Segment Results (Q2 FY27)
- Yarn segment profit before tax and finance costs: ₹28.37 crores
- Home textile segment profit before tax and finance costs: ₹2.25 crores
Balance Sheet Position (Standalone as of 30 September 2026)
- Total assets: ₹2,251.56 crores (increase from ₹2,052.44 crores as of 31 March 2026)
- Property, plant and equipment: ₹937.24 crores
- Inventories: ₹607.82 crores
- Trade receivables: ₹448.24 crores
- Total equity: ₹832.60 crores
- Borrowings: ₹1,019.12 crores (₹362.60 crores non-current, ₹656.52 crores current)
- Trade payables: ₹264.92 crores (₹45.36 crores to micro and small enterprises)
Cash Flow Statement (Standalone H1 FY27)
- Net cash used in operating activities: ₹(23.18) crores
- Net cash used in investing activities: ₹(34.36) crores
- Net cash from financing activities: ₹57.25 crores
- Net decrease in cash and cash equivalents: ₹(0.29) crores
Key Developments and Notes
Employee Stock Option Scheme
- The 'Sutlej Textiles and Industries Limited - Employee Stock Option Scheme 2026' was approved by shareholders on 19 April 2026
- During the period ended 30 September 2026, the company granted 17,00,000 employee stock options on 14 May 2026 at an exercise price of ₹36.73 per option
- The options vest over a period of four years
- Employee share-based payment (ESOP) expense: ₹0.37 crores for H1 FY27
Exceptional Items (Previous Year)
The document details three exceptional items from the previous year ended 31 March 2026:
1. Impairment of investment in wholly owned subsidiary: ₹20.74 crores written off
2. Impact of New Labour Codes on employee benefits: ₹0.48 crores one-time provision increase
3. Loss on disposal of Captive Co-Generation Power Plant assets: ₹1.29 crores
Additional Information
The results are available on the company's website at www.sutlejtextiles.com and have been filed with BSE Limited and National Stock Exchange of India Limited.