Century Textiles & Industries reports consolidated net loss of Rs 7.08 crore in Q1FY24

19 Jul 2023 Evaluate

Century Textiles & Industries has reported results for first quarter ended June 30, 2023 (Q1FY24). 

Century Textiles & Industries has reported 62.43% fall in its net profit at Rs 23.70 crore for the quarter under review as compared to Rs 63.09 crore for the same quarter in the previous year. Total income of the company decreased by 7.56% at Rs 1,152.27 crore for Q1FY24 as compared Rs 1,198.27 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss of Rs 7.08 crore for the quarter ended June 30, 2023 as compared to net profit of Rs 45.40 crore for the same quarter in the previous year. Total income of the company decreased by 5.75% at Rs 1,125.38 crore for Q1FY24 as compared Rs 1,194.01 crore for the corresponding quarter previous year.

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