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Century Textiles & Industries turns black in Q1 consolidated net profit

17 Jul 2024 Evaluate

Century Textiles & Industries has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 27.72% rise in its net profit at Rs 30.27 crore for the quarter ended June 30, 2024 as compared to Rs 23.70 crore for the same quarter in the previous year. However, total income of the company decreased by 2.01% at Rs 909.13 crore for Q1FY25 as compared to Rs 927.78 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net profit at Rs 17.35 crore for Q1FY25 as compared to net loss of Rs 7.06 crore for the same quarter in the previous year. Total income of the company increased by 29.63% at Rs 1167.59 crore for Q1FY25 as compared to Rs 900.70 crore for the corresponding quarter previous year.

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