Century Textiles and Industries Limited Announces Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Consolidated Results for the Year Ended March 31, 2019
May 04, 2019 at 02:38 am EDT
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Century Textiles and Industries Limited announced audited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2019 and consolidated results for the year ended March 31, 2019. For the quarter, on stand-alone basis, the company reported total income of INR 10,085.4 million as compared to INR 9,933.2 million a year ago. Profit for the period was INR 2,276.2 million as compared to INR 1,086.9 million a year ago. Basic and diluted earnings per share was INR 20.38 as compared to INR 9.74 a year ago.
For the year, on stand-alone basis, the company reported total income of INR 40,400.9 million as compared to INR 39,926.2 million a year ago. Profit for the period was INR 6,810.7 million as compared to INR 3,716.6 million a year ago. Basic earnings per share was INR 60.98 as compared to INR 33.28 a year ago.
For the year, on consolidated basis, the company reported total income of INR 40,400.9 million as compared to INR 39,926.2 million a year ago. Profit for the period was INR 6,686.7 million as compared to INR 3,716.6 million a year ago. Basic earnings per share was INR 59.87 as compared to INR 33.28 a year ago.
Century Textiles and Industries Limited is an India-based company, which is principally engaged in the manufacturing of textiles, cement, pulp and paper and real estate. The Company's segments include Textiles, Pulp and Paper, Real Estate and Others. The Textiles segment include Yam, Fabric, Viscose Filament Yam and Tire Yan. The Pulp and Paper segment include pulp, writing & printing paper, tissue paper and multilayer packaging board. The Real Estate segment includes residential projects, leased properties and investment properties. The Others segment includes salt works and chemicals. The Company's subsidiaries include Birla Estates Private Limited, Birla Century Exports Private Limited, Birla Century International LLC, Avarna Projects LLP, Birla Tisya LLP and Birla Arnaa LLP. Birla Tisya LLP is engaged in real estate business.
Century Textiles and Industries Limited Announces Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Consolidated Results for the Year Ended March 31, 2019