Century Textiles & Inds reports over 15 fold jump in Q1 net profit

Century Textiles & Industries has reported results for first quarter ended June 30, 2013.

The company has registered over 15 fold jump in its net profit at Rs 37.65 crore for the quarter ended June 30, 2013 as compared to Rs 2.41 crore for the same quarter in the previous year. Total income has increased by 14.40% at Rs 1595.59 crore for quarter under review as compared to Rs 1394.75 crore for the quarter ended June 30, 2012.

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