Century Textiles and Industries has said its standalone net loss has narrowed down to Rs 10.41 crores in the third quarter ended December 31. Century had reported a net loss of Rs 63.58 crore in the October-December period a year-ago. The company’s net sales on a standalone basis were up 4.58 per cent at Rs 1,875.66 crores as against Rs 1,793.51 crores in the corresponding period of the last fiscal. Revenue from textiles division, which manufactures yarn, cloth, denim, tyre yarn and VF yarn, was up 4.72 per cent to Rs 453.32 crore as against Rs 432.85 crore.

However Century’s, cement division was down 1.12 per cent to Rs 1,047.38 crores as against Rs 1,059.28 crores a year ago. The pulp and paper division sales were up 26.53 per cent to Rs 499.15 crores in Q3 FY2015-16 from Rs 394.47 crores. Others which include salt and chemical business was down 4.85 per cent to Rs 26.68 crores as against Rs 28.04 crores.