Annual Report

The report presents Spentex Industries' consolidated FY2015-16 results, including net sales of 799.07 Crores and a consolidated net loss of 104.77 Crores. It describes working-capital constraints, subdued demand and high fibre and power costs as major operational pressures. The company reports energy-conservation initiatives and identifies a Board CSR Committee. The consolidated statements also explain that STTL and Schoeller Litvinov were excluded because they were under bankers' or secured creditors' control and their financial statements were unavailable.

Report type

Annual Report

Class

Financial

Scope

Full report

Fiscal year

2015-2016

Period

1 April 2015 – 31 March 2016

Publication date

11 August 2016

Language

English

Pages

 

File size