Integrated Filing — IndAS

General information about company
Scrip Code	532782
NSE Symbol	SUTLEJTEX
MSEI Symbol	NOTLISTED
ISIN	INE645H01027
Name of company	SUTLEJ TEXTILES AND INDUSTRIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	09-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	24-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	09-May-2025   11:30:00
End date and time of board meeting	09-May-2025   12:51:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	6786700000	26767600000
	Other income	74900000	217700000
	Total income	6861600000	26985300000
2	Expenses
(a)	Cost of materials consumed	3622900000	14911400000
(b)	Purchases of stock-in-trade	203500000	730900000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	190400000	-149700000
(d)	Employee benefit expense	1085700000	4446200000
(e)	Finance costs	155400000	634200000
(f)	Depreciation, depletion and amortisation expense	275000000	1112100000
(f)	Other Expenses
1	Power and Fuel	757300000	3037800000
2	Others	839300000	3362400000
	Total other expenses	1596600000	6400200000
	Total expenses	7129500000	28085300000
3	Total profit before exceptional items and tax	-267900000	-1100000000
4	Exceptional items	0	0
5	Total profit before tax	-267900000	-1100000000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	-142000000	-416000000
9	Total tax expenses	-142000000	-416000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-125900000	-684000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	-125900000	-684000000
17	Other comprehensive income net of taxes	-2800000	20900000
18	Total Comprehensive Income for the period	-128700000	-663100000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0	0
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	163800000	163800000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		8784100000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.77	-4.18
	Diluted earnings (loss) per share from continuing operations	-0.77	-4.18
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	-0.77	-4.18
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.77	-4.18
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1. The above consolidated annual financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 9 May 2025. These results have been prepared in accordance with Indian Accounting Standard IndAS prescribed under Section 133 of the Companies Act 2013 read with the relevant rules thereunder and in terms of Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015. n n2. The consolidated annual financial results of the Group are in accordance with the requirements of Ind AS 110 Consolidated Financial Statements. These consolidated annual financial results include results of Sutlej Textiles and Industries Limited and Sutlej Holdings Inc. and its stepdown subsidiary American Silk Mills LLC hereinafter together referred to as the Group. n n3. Exceptional items pertaining to the previous year n nDuring the previous year due to challenging market conditions in the spinning industry the Holding Company decided not to proceed with the greenfield expansion project which had been approved by the Board of Directors BOD. The land allotted for the project was surrendered and as per the agreement a surrender fee of 20percent of the land premium Rs. 7.68 crores was written off. Additionally lease rent and other expenses amounting to Rs. 0.77 crores were written off. The total amount written off Rs. 8.45 crores has been disclosed as an Exceptional items. n n4. The figures for the quarter ended 31 March 2025 and 31 March 2024 are the balancing figures between the audited figures in respect of the full financial year and published year to date figures up to 31 December 2024 and 31 December 2023. Also the figures up to the end of the third quarter were only reviewed and not subject to audit. n n5. The audited report of the statutory auditors is being filed with BSE Limited and National Stock Exchange of India Limited. For more details on audited financial results visit investor relation section of our website www.sutlejtextiles.com and financial results at Corporate section of www.bseindia.com and www.nseindia.com. n n6. Segment information as per Ind AS 108 Operating Segment is disclosed in Annexure I.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	9987700000
	Capital work-in-progress	71100000
	Investment property	0
	Goodwill	0
	Other intangible assets	74300000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	135500000
	Total non-current financial assets	135500000
	Deferred tax assets (net)	106500000
	Other non-current assets	249400000
	Total non-current assets	10624500000
2	Current assets
	Inventories	5245400000
	Current financial asset
	Current investments	0
	Trade receivables, current	3450000000
	Cash and cash equivalents	119200000
	Bank balance other than cash and cash equivalents	75100000
	Loans, current	0
	Other current financial assets	525200000
	Total current financial assets	4169500000
	Current tax assets (net)	0
	Other current assets	393600000
	Total current assets	9808500000
3	Non-current assets classified as held for sale	79400000
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	20512400000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	163800000
	Other equity	8784100000
	Total equity attributable to owners of parent	8947900000
	Non controlling interest	0
	Total equity	8947900000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	3246600000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	78600000
	Total non-current financial liabilities	3325200000
	Provisions, non-current	127300000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	18500000
	Total non-current liabilities	3471000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	5513100000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	285100000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1357100000
	Total Trade payable	1642200000
	Other current financial liabilities	582200000
	Total current financial liabilities	7737500000
	Other current liabilities	199800000
	Provisions, current	156100000
	Current tax liabilities (Net)	100000
	Deferred government grants, Current	0
	Total current liabilities	8093500000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	11564500000
	Total equity and liabilites	20512400000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Yarn	6267800000	24847600000
2	Home Textile	525200000	1950000000
3	Less Exceptional Items	0	0
	Total Segment Revenue	6793000000	26797600000
	Less: Inter segment revenue	6300000	6300000
	Revenue from operations	6786700000	26767600000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Yarn	-46500000	-196800000
2	Home Textile	-85100000	-252200000
3	Less Exceptional Items	0	0
	Total Profit before tax	-131600000	-449000000
	i. Finance cost	155400000	155400000
	ii. Other Unallocable Expenditure net off Unallocable income	-19100000	-19100000
	Profit before tax	-267900000	-1100000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Yarn	17826900000	17826900000
2	Home Textile	2466500000	2466500000
3	Less Exceptional Items	0	0
	Total Segment Asset	20293400000	20293400000
	Un-allocable Assets	219000000	219000000
	Net Segment Asset	20512400000	20512400000
4	Segment Liabilities
	Segment Liabilities
1	Yarn	7978300000	7978300000
2	Home Textile	1110100000	1110100000
3	Less Exceptional Items	0	0
	Total Segment Liabilities	9088400000	9088400000
	Un-allocable Liabilities	2476100000	2476100000
	Net Segment Liabilities	11564500000	11564500000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of defined benefit plans	300000	31400000
	Total Amount of items that will not be reclassified to profit and loss	300000	31400000
2	Income tax relating to items that will not be reclassified to profit or loss	2800000	11000000
3	Amount of items that will be reclassified to profit and loss
1	Exchange differences on translation of operations into reporting currency	-300000	500000
	Total Amount of items that will be reclassified to profit and loss	-300000	500000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-2800000	20900000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-1100000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			634200000
	Adjustments for decrease (increase) in inventories			-67600000
	Adjustments for decrease (increase) in trade receivables, current			-65400000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-23900000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			135100000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			101000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			6400000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1112100000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			54200000
	Adjustments for other financial liabilities, current			-11900000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-32800000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			1841400000
	Net cash flows from (used in) operations			741400000
	Dividends received			0
	Interest paid			0
	Interest received			-79900000
	Income taxes paid (refund)			1200000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			660300000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			58100000
	Purchase of property, plant and equipment			654000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			79200000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			266400000
	Net cash flows from (used in) investing activities	-250300000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			1798000000
	Repayments of borrowings			1456800000
	Payments of lease liabilities			12400000
	Dividends paid			0
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-648400000
	Net cash flows from (used in) financing activities			-319600000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			90400000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			90400000
	Cash and cash equivalents cash flow statement at beginning of period			28800000
	Cash and cash equivalents cash flow statement at end of period			119200000