Century Textiles & Industries net loss of Rs 23.89 crore in Q4

02 May 2012

Century Textiles & Industries has reported results for fourth quarter and year ended March 31, 2012.

On the standalone basis, the company has reported net loss of Rs 23.89 crore for the quarter and year ended March 31, 2012, against net profit of Rs 49.65 crore for the corresponding period last fiscal. Total income decreased by 4.11% at Rs 1312.08crore during the quarter under review from Rs 1368.35 crore in the year-ago period.

For the full year ended March 31, 2012, the company has posted a fall of 90.68% in its net profit at Rs 22.13crore for the year ended March 31, 2012 as compared to Rs 237.49 crore for the same period in the previous year. However total income has increased by 2.04% at Rs 4899.96 crore for year under review as compared to Rs 4802.07 crore for the period ended March 31, 2011.

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