According to the Company, the project will be funded by a mix of internal accruals and debt and for which it has achieved financial closure.
Net profit for the first fiscal quarter ended June 30, 2015 at producer of value added dyed yarns and home textiles, Sutlej Textiles and Industries #
It has commenced trial run in the first phase of expanding operations in its Home Textiles division at one of its units; Damanganga Home Textiles in Gujarat.
Post full completion, Sutlej said, the capacity in its existing facility will increase to 9.6 million metres per annum from the earlier 2.5 million metres per year. (AR)
Fibre2Fashion News Desk – India