Century Textiles & Industries reports 77% rise in Q1 net profit

Century Textiles & Industries has reported results for first quarter ended June 30, 2014.

The company’s net profit for the quarter rose by 76.60% at Rs 66.49 crore as compared to Rs 37.65 crore for the quarter ended June 30, 2013. Its total income has increased by 18.75% to Rs 1894.83 crore for the quarter under review from Rs 1595.59 crore for the corresponding quarter of the previous year.

Century Textiles & Industries has wide portfolio that manufactures yarn, denim, viscose filament rayon yarn, tyrecords, caustic soda, sulfuric acid, salt, cement and pulp & paper.