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Century Textiles & Industries Ltd Q2FY24; 11% fall in Revenue

Century Textiles and Industries Ltd has transformed from a single-unit textile entity in 1987 into a commercial powerhouse with interests in diverse industries. Currently, the business house is a trendsetter in cotton textiles and also has a remarkable presence in the Pulp and Paper and Real Estate sectors.

Financial Results:

Century Textiles & Industries Ltd reported Revenues for Q2FY24 of ₹1,103.00 Crores down from ₹1,233.00 Crore year on year, a fall of 10.54%.

Total Expenses for Q2FY24 of ₹1,151.00 Crores up from ₹1,126.00 Crores year on year, a rise of 2.22%.

Consolidated Net Profit of -₹33.00 Crores from ₹70.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹2.73, from ₹6.41 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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