Century Textiles & Industries reports consolidated net profit of Rs 84 crore in Q4
26th Apr 2022

Century Textiles & Industries has reported results for fourth quarter and year ended March 31, 2022.

The company has reported above 6- fold jump in its net profit at Rs 66.70 crore for the quarter under review as compared to Rs 10.04 crore for the same quarter in the previous year. Total income of the company increased by 45.74% at Rs 1223.11 crore for Q4FY22 as compared Rs 839.25 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 84.43 crore for the quarter under review as compared to net loss of Rs 9.81 crore for the same quarter in the previous year. Total income of the company increased by 44.23% at Rs 1218.29 crore for Q4FY22 as compared Rs 844.68 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported 6- fold jump in its net profit at Rs 207.33 crore as compared to Rs 31.50 crore for the previous year. Total income of the company increased by 56.01% at Rs 4196.98 crore for year under review as compared to Rs 2690.19 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net profit at Rs 161.70 crore as compared to net loss of Rs 33.61 crore for the previous year. Total income of the company increased by 55.85% at Rs 4174.01 crore for year under review as compared to Rs 2678.19 crore for year ended March 31, 2021.