Expansion12 Nov 2025, 05:52 pm
Sumeet Industries Ltd. Expands FDY Lines by 30,000 Ton per Annum, Q2 Result Approved
AI Summary
Sumeet Industries Ltd. has approved the Standalone and Consolidated Unaudited Financial Results for the quarter and half year ended on September 30, 2025. The company has decided to expand the capacity by 30,000 Ton per annum to produce value added synthetics yarns with a total project cost of around Rs. 75.00 Crores. This expansion is expected to increase revenue by Rs. 300.00 Crores per annum and improve overall profitability. The sourcing of 14.00 MW (DC) Solar Renewal power as a Captive consumer has been commissioned, resulting in savings in power cost. The company is also considering sourcing renewable power (Solar, Wind and Both) under Captive/Group captive from various Generators.
Key Highlights
- Approved Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ended on 30th September 2025
- Expansion of FDY lines by 30,000 Ton per annum with a project cost of Rs. 75.00 Crores
- Expected increase in revenue by Rs. 300.00 Crores per annum
- Commissioning of 14.00 MW (DC) Solar Renewal power as a Captive consumer
- Considering sourcing renewable power under Captive/Group captive from various Generators