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Century Textiles Q2 profit rises 59 percent to Rs 70 crore

Century Textiles' total income for Q2 from operations rose to Rs 1,242.11 crore from Rs 1,034.27 crore in the corresponding period of the previous year.

October 27, 2022 / 02:24 PM IST

Century Textiles and Industries, a part of the Aditya Birla Group, on Wednesday reported 59.38 percent rise in consolidated net profit at Rs 69.97 crore for September quarter 2022-23.

In the year-ago period, the profit stood at Rs 43.9 crore, the company said in a regulatory filing. In the year-ago period, the profit stood at Rs 43.9 crore, the company said in a regulatory filing.

Total income from operations rose to Rs 1,242.11 crore from Rs 1,034.27 crore in the corresponding period of the previous year.

Total expenses also shot up to Rs 1,125.25 crore as against Rs 972.08 crore.  The company is into textiles, pulp and paper and realty businesses.

PTI