- Sales witnessed a considerable jump at 67% YoY in Q2.
- EBITDA was up by 102% in Q2 as compared to the same quarter last year.
- PAT is noteworthy at Rs. 32 Crs in Q2 FY22, a significant reversal from Q2 FY21.
- Strong performance by the businesses with higher operating efficiencies and turnaround in the market sentiments.
Commenting on the Q2 FY22 results, JC Laddha Managing Director, Century Textiles and Industries Limited (CTIL} said - "Century Textiles and Industries Limited continued its journey of resilient performance despite the disruptions caused by the pandemic. Manufacturing businesses posted excellent results due to healthier business environment, robust productivity at our manufacturing plants and financial prudence. Pulp & Paper business saw the best ever quarter in terms of production and sales volumes mainly supported by higher volumes from value added products and new products. The Textiles business saw a strong revival supported by robust domestic demand on account of upcoming festive season. The Real Estate business received a strong response to its Kalyan Phase 2 launch.