Century Textiles & Industries Ltd.

NSE: CENTURYTEX | BSE: 500040 | ISIN: INE055A01016 | Industry: Textiles
| Mid-range Performer
868.85 0.85 (0.10%)
NSE Aug 18, 2022 12:49 PM
Volume: 82,993

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Century Textiles & Industries Announced Q1FY23 Result :

  • Net sales increase by 41% YoY
  • EBITDA rises 22% YoY.
  • PAT surges by 78% as compared to Q1 FY22

Commenting on the Ql FY23 results, JC Laddha Managing Director, Century Textiles and Industries Limited (CTIL) said - ''The strong quarterly performance is on the back of high operational efficiency and improved market demand. The Pulp and Paper business has performed exceptionally well, especially with increased demand in the paper and tissue segment. The textiles business witnessed impressive growth, mainly supported by good demand for Apparel fabrics. The robust performance of the Real Estate business, on account of strong consumer confidence in the brand and improved demand in the ongoing residential upcycle, also aided the overall business performance in this quarter."

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