Century Textiles & Industries disclosed a sharp rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 76.60% to Rs 664.90 million from Rs 376.50 million in the same quarter previous year.
Net sales for the quarter rose 18.64% to Rs 18,873.70 million, compared with Rs 15,908 million for the prior year period.
Earnings per share for the quarter stood at Rs 7.04, registering 73.83% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 18,873.70 | 15,908.30 | 18.64 |
Net Profit | 664.90 | 376.50 | 76.60 |
Basic EPS | 7.04 | 4.05 | 73.83 |
Shares of the company declined Rs 5.65, or 0.88%, to trade at Rs 635.50. The total volume of shares traded was 215,994 at the BSE (1.30 p.m., Thursday).