Century Textiles & Industries swung to a loss for the quarter ended June 2015. During the quarter, the company reported a loss of Rs 290.10 million compared with a profit of Rs 664.90 million in the same quarter previous year.
Revenues for the quarter rose 7.60% to Rs 20,338.90 million, compared with Rs 18,903 million for the prior year period.
Operating margin for the quarter stood at 4.98 percent as compared to 7.89 percent for the previous year period. Operating Income for the quarter was Rs 1,013.30 million, compared with Rs 1491.9 million in the previous year period.
Earnings per share stood negative at Rs 2.74 compared with Rs 7.04 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 20,338.90 | 18,902.70 | 7.60 |
| Net Profit | (290.10) | 664.90 | - |
| Diluted EPS | (2.74) | 7.04 | - |
Shares of the company declined Rs 21.65, or 3.01%, to trade at Rs 697.80. The total volume of shares traded was 325,364 at the BSE (2.58 p.m., Monday).
