One of India’s leading yarn producers Sanathan Textiles Limited has revealed its unaudited financial results for the third quarter and nine months ended 31st December 2024. The company specialises in three yarn verticals: polyester filament yarn, cotton yarn, and yarn for technical textiles and industrial applications.
Additionally, the business declared that Khurshed Thanawalla has been nominated to serve as an Independent Director on the Board of Sanathan Polycot Private Limited, a fully-owned subsidiary of the business.
In the third quarter of FY ’25, operational revenue was US $ 89.17 million. Q3 FY ’25 PAT was US $ 0.41 million, and Q3 FY ’25 EBITDA was US $ 0.70 million.
Regarding the nine months that concluded on 31st December 2024, due to increased sales volume, revenue from operations increased to US $ 27.20 million in 9M FY ’25 from US $ 26.41 million in 9M FY ’24.
Paresh Dattani, Chairman and Managing Director of Sanathan Textiles Ltd., commented on the outcome, stating that the company has performed well in all three yarn sectors, propelled by both new and returning clients. EBITDA has increased as a result of stable pricing and improved operational efficiency. It is anticipated that demand will continue to be strong due to supportive industry trends and government regulations regarding the textile sector. It is projected that activities in Punjab will start in Q1 FY ’26 in order to meet the increasing demand. With a capacity increase from 550 to 1,500 tonnes per day, this new plant will gradually increase manufacturing output. With this increase, 5.50 lakh MTPA of polyester filament yarn would be built annually.
