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Related Keywords: all types of spun yarns, boost demand, focus more on exports, good monsoon, home textile, home textile segment, largest integrated textile manufacturing, Seventh Pay Commission, strengthen end to end operations, Sutlej Textiles, value added synthetic, Yarn to Home Textile

Sutlej Textiles and Industries Ltd (STIL), one of the largest integrated textile manufacturing companies and having strong position in the Indian Textile sector in the manufacturing of value added synthetic, Natural and Blended yarns, all types of spun yarns, processing of fabrics and Home Textile Furnishing reported a good set of first quarter earnings where net profit increased 42.9 percent to Rs 45.1 crore year-on-year (YoY) and revenue grew 19.5 percent to Rs 553.6 crore (YoY).

Related Keywords: close operations, cotton mélange yarns, Damanganga Fabrics, Damanganga home textile, expand operations, Gujarat, mix products, Sutlej Textiles, Sutlej Textiles and Industries Ltd (STIL)

Sutlej Textiles and Industries Ltd (STIL) at its board of directors meeting held on September 17, 2014 has taken up the decision to expand the operations of one of the Company's Units viz: Damanganga Home Textiles based at Daheli, Bhilad, Gujarat.

The project will be implemented in FY 2015-16 and the capacity will increase to 9.6 million metres per annum. The investment involved in the project expansion will be to the tune of Rs.88.50 crore.