Century Textiles & Industries shines after its Q2 consolidated net profit rises 61%
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Century Textiles & Industries is currently trading at Rs. 859.40, up by 45.30 points or 5.56% from its previous closing of Rs. 814.10 on the BSE.
The scrip opened at Rs. 835.55 and has touched a high and low of Rs. 867.30 and Rs. 835.55 respectively. So far 25884 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1025.00 on 12-Jan-2022 and a 52 week low of Rs. 686.50 on 12-May-2022.
Last one week high and low of the scrip stood at Rs. 867.30 and Rs. 810.20 respectively. The current market cap of the company is Rs. 9592.98 crore.
The promoters holding in the company stood at 50.21%, while Institutions and Non-Institutions held 23.41% and 26.38% respectively.
Century Textiles & Industries has reported results for second quarter ended September 30, 2022.
The company has reported rise of 76.29% in its net profit at Rs 95.90 crore for Q2FY23 as compared to Rs 54.40 crore for the corresponding quarter previous year. Total income of the company increased by 19.98% to Rs 1,247.87 crore for the quarter under review as compared to Rs 1,040.06 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 60.88% in its its net profit at Rs 70.98 crore for the quarter under review as compared to Rs 44.12 crore for the same quarter in the previous year. Total income of the company increased by 20.10% to 1,242.11 crore for the quarter under review as compared to Rs 1,034.27 crore for the same quarter in the previous year.
