The Q1 FY25 consolidated net profit of Century Textiles and Industries declined by 47.1 per cent to Rs 27.94 crore compared to Rs 52.82 crore in Q1 FY24. Despite this, the company’s revenue from operations increased by 28.36 per cent Y-o-Y to Rs 1,139.67 crore in Q1 FY25.
Century Textiles’ Profit before tax (PBT) fell by 41.4 per cent to Rs 50.13 crore in Q1 FY25 from Rs 85.55 crore in Q1 FY24. The company’s EBITDA for the quarter decreased by15 per cent to Rs 125 crore compared to Rs 147 crore in Q1 FY24. The EBITDA margin fell to 11 per cent in Q1 FY25, compared to 16.6 per cent in Q1 FY24.
Managed by the group company, Birla Century, the 100-acre, vertically integrated manufacturing facility of Century Textiles and Industries boasts of the most sophisticated machinery and equipment to produce an array of premium textiles — from suiting and shirting to fine fabrics and household linen.
The company imparts innovative finishes such as wrinkle-free, easy-care and anti-bacterial to fabrics through world-class automated processing with eco-friendly, non-toxic dyes and chemicals. Its research and development centre is equipped with a Design Studio for continuous innovations in designs and weaves in tune with the latest international trends.
