Century Textiles has posted a net profit of Rs 345 m for the year ended 31st December. However, the profits are largely on account of extraordinary income and alteration in other accounting practices (pertaining to depreciation largely).
Operating Profit (EBDIT)
Operating Profit Margin (%)
Profit before Tax
Profit after Tax/(Loss)
Net profit margin (%)
Earnings per share
On the operating front, the company continues to post a disappointing performance. This is can be attributed to the company’s presence in a large number of commodity based businesses where it does not command a significant presence. However, the company is now aiming to focus on its textiles business.
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