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Century Textiles & Industries reports net loss of Rs 24.26 crore in Q2

30 Oct 2015 Evaluate

Century Textiles & Industries has reported results for second quarter ended September 30, 2015.

The company has reported a net loss of Rs 24.26 crore for the quarter ended September 30, 2015 as compared to a net profit of Rs 77 lakh for the same quarter in the previous year. However, the company’s total income has increased by 14.28% to Rs 1961.8 crore for the quarter under review from Rs 1716.69 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.

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