Century Textiles and Industries has reported results for fourth quarter (Q4) and year ended March 31, 2023.
Century Textiles and Industries has reported over 2-fold jump in its net profit at Rs 176.80 crore for the quarter under review as compared to Rs 66.70 crore for the same quarter in the previous year. Total income of the company increased marginally by 0.45% at Rs 1,228.60 crore for Q4FY23 as compared to Rs 1,223.11 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported rise of 68.67% in its net profit at Rs 142.41 crore for fourth quarter ended March 31, 2023 as compared to Rs 84.43 crore for the same quarter in the previous year. However, total income of the company decreased marginally by 0.02% at Rs 1,218.08 crore for Q4FY23 as compared to Rs 1,218.29 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported rise of 77.64% in its net profit at Rs 368.31 crore as compared to Rs 207.33 crore for the previous year. Total income of the company increased by 15.72% at Rs 4,856.75 crore for year under review as compared to Rs 4,196.98 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 63.61% rise in its net profit at Rs 264.55 crore as compared to Rs 161.70 crore for the previous year. Total income of the company increased by 15.65% at Rs 4,827.17 crore for year under review as compared to Rs 4,174.01 crore for year ended March 31, 2022.
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