Century Textiles & Industries gains on turning black in Q1 consolidated net profit
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Century Textiles & Industries is currently trading at Rs. 2222.50, up by 4.95 points or 0.22% from its previous closing of Rs. 2217.55 on the BSE.
The scrip opened at Rs. 2200.05 and has touched a high and low of Rs. 2245.30 and Rs. 2183.00 respectively. So far 10836 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2419.20 on 02-Jul-2024 and a 52 week low of Rs. 901.75 on 19-Jul-2023.
Last one week high and low of the scrip stood at Rs. 2270.40 and Rs. 2095.05 respectively. The current market cap of the company is Rs. 24516.08 crore.
The promoters holding in the company stood at 50.21%, while Institutions and Non-Institutions held 24.26% and 25.53% respectively.
Century Textiles & Industries has reported 27.72% rise in its net profit at Rs 30.27 crore for the quarter ended June 30, 2024 as compared to Rs 23.70 crore for the same quarter in the previous year. However, total income of the company decreased by 2.01% at Rs 909.13 crore for Q1FY25 as compared to Rs 927.78 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net profit at Rs 17.35 crore for Q1FY25 as compared to net loss of Rs 7.06 crore for the same quarter in the previous year. Total income of the company increased by 29.63% at Rs 1167.59 crore for Q1FY25 as compared to Rs 900.70 crore for the corresponding quarter previous year.
