India News

Century Textiles Q4 reports net profit of Rs 36.83 crore
June 09, 2017

Century Textiles and Industries Ltd posted a net profit of Rs 36.83 crore for the fourth quarter ended on March 31, 2017. The company had reported a net loss of Rs 2.30 crore in the January-March period a year ago. Its total income from operations was at Rs 2,353.50 crore, up 4.28%, during the quarter under review as against Rs 2,256.83 crore for the corresponding quarter of last fiscal. Century Textiles’ total expenses were at Rs 2,314.42 crore, up 2.06 per cent, as against Rs 2,267.67 crore. For the financial year ended March 31, 2017, Century Textiles’ net profit was at Rs 104.99 crore. In FY’16, the company had posted a net loss of Rs 95 crore.