Paper & Paper Products company Century Textiles & Industries announced Q1FY24 results: Consolidated Q1FY24 vs Q1FY23: Net Sales: Rs 1,106 crore vs Rs 1,172 crore, down 6% YoY EBITDA: Rs 129 crore vs Rs 143 crore, down 10% YoY PAT: Rs (7) crore vs Rs 45 crore, down 116% YoY Standalone Q1FY24 vs Q1FY23: Net Sales: Rs 1,106 crore vs Rs 1,170 crore, down 5% YoY EBITDA: Rs 197 crore vs Rs 171 crore, up 15% YoY PAT: Rs 24 crore vs Rs 63 crore, down 62% YoY 3 projects with revenue potential of Rs 5,600 crore acquired by Real Estates. Commenting on the Q1FY24 results, R. K. Oalmia, Managing Director, Century Textiles and Industries said, "The company has maintained its operational performance while remammg steadfast in its commitment to sustainability. The Pulp and Paper business performed very well with margins bolstered by decreasing input costs and effective cost reduction initiatives. The Real Estate business, riding the upcycle in the sector, has acquired three significant projects in three metro cities. Meanwhile, our Textiles business underwent strategic restructuring of primary processes to align with market dynamics." Result PDF