Results - Announcements
Suditi Industries Ltd share price ticked higher by 0.12% to Rs 73.0 after the company's net profit soared by 151.25% to Rs 4.02 crore, while revenue from operations increased sharply by 117.26% to Rs 37.76 crore in Q2FY27 over Q2FY26.
The market capitalization of Other Textile Products industry group stocks on BSE stood at Rs 1.89 lakh crore, jumping 61.11%. It has improved by 2.07% over last one week and gained upto 5.37% in last one month while the market capitalization of Suditi Industries Ltd has increased 11.48% and 4.24% in the same period respectively.
Profit before tax (PBT) of Suditi Industries Ltd stood at Rs 3.19 crore in Q2 FY27, rising 6.69% year-on-year, and surging by 104.49% quarter-on-quarter. EBITDA came in at Rs 4 crore, rallying 17.82% YoY and expanding by 41.30% sequentially.
Total expenses surged 122.63% to Rs 34.93 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 22.33 crore, soaring by 246.74% YoY, while employee benefits expense was at Rs 2.07 crore, witnessing a strong rise of 15% YoY.
For FY26, revenue from operations witnessed a strong growth of 41.01% to Rs 95.48 crore, while net profit witnessed a sharp fall of 126.99% to Rs 3.16 crore, compared to previous FY. EBITDA tumbled by 1755% to Rs 1.83 crore, and PBT collapsed by 116.15% to Rs 1.94 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 23.62 crore in FY26, as against Rs 1.03 crore in FY25.
Suditi Industries Ltd surged by 22.46% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 3.03% during the same period.