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Century Textiles & Industries reports net loss of Rs 4.9 crore for Q4FY14

05 May 2014 Evaluate

Century Textiles & Industries reports results for quarter and year ended March 31, 2014

The company has reported net loss of Rs 4.90 crore for Q4FY14 as compared to net profit of Rs 17.95 crore in Q4FY13. However, total income of the company has increased by 15.02% at Rs 1856.96 crore in the quarter under review from Rs 1614.36 crore in the corresponding quarter of the previous year.

For the full year ended March 31, 2014, the company has posted net profit of Rs 2.72 crore as compared to the net loss of Rs 34.49 crore for the same period in the previous year. Total income of the company has increased by 12.01% at Rs 6694.18 crore for year under review as compared to Rs 5976.37 crore for the period ended March 31, 2013.

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