Wednesday, 29 January 2014

Century Textiles posts Rs. 1.58 crore profit in Q3

New Delhi: B K Birla Group firm Century Textiles and Industries today reported a profit of Rs. 1.58 crore for the third quarter ended December 31, 2013-14 fiscal.

It had posted a loss of Rs. 29.19 crore in the October- December period of 2012-13 fiscal, the company said in a BSE filing.

Century Textiles' total Q3, 2013-14 income stood at Rs. 1,639.33 crore, compared to Rs. 1,520.11 crore in the year-ago period.

The company's Q3 revenue from its textiles division was Rs. 410.60 crore, as against Rs. 380.84 crore in the same period of the last fiscal.

However, revenue from the cement division decreased to Rs. 752.65 crore this quarter. It was Rs. 785.43 crore in the third quarter of the last year.

Revenue from its pulp and paper division increased to Rs. 467.74 crore last quarter, compared to Rs. 345.73 crore of the corresponding period last year.

The company's shares were trading at Rs. 292.90 per scrip during afternoon trade on the BSE, up 1.26 per cent from their previous close.

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