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Century Enka Ltd Q1FY24; 65% fall in Profits

Established in 1965, by BK Birla group and Enka International which is part of Akzo Nobel group, Century Enka is into manufacturing of industrial yarn, textile yarn & fabric such as Nylon Filament Yarrn (NFY) & Nylon Tyre Cord Fabric (NTCF).

Financial Results:

Century Enka Ltd reported Revenues for Q1FY24 of ₹428.00 Crores down from ₹568.00 Crore year on year, a fall of 24.65%.

Total Expenses for Q1FY24 of ₹419.00 Crores down from ₹517.00 Crores year on year, a fall of 18.96%.

Consolidated Net Profit of ₹14.00 Crores down 65.0% from ₹40.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.27, down 66.00% from ₹18.44 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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