Home / Knowledge / News / Textiles / Kumar Mangalam Birla is vice chairman of Century Textiles
Kumar Mangalam Birla is vice chairman of Century Textiles
31
Oct '15
Kumar Mangalam Birla, chairman of the $40 billion Aditya Birla Group, has been appointed as vice chairman of Century Textiles and Industries.

The company has informed the BSE that its board of directors, at their meeting held on October 30, 2015, appointed KM Birla as vice chairman with immediate effect.

KM Birla is grandson of 94-year-old BK Birla, who is the chairman of Century Textiles. In BK Birla's absence, KM Birla was chairing the board meetings.

In addition to textiles, Century has real estate and cement businesses.

For the quarter ended September 30, 2015, Century Textiles posted a net loss of Rs 24.26 crore as compared to net profit of Rs 77 lakh for the quarter ended September 30, 2014, the unaudited standalone results of the company, as filed with the BSE, show.

“Total Income has increased from Rs 1716.69 crore for the quarter ended September 30, 2014 to Rs 1961.80 crore for the quarter ended September 30, 2015,” the BSE filing said.

Revenue from textiles segment also grew to Rs 486.66 crore in the quarter under review compared with Rs 421.21 crore in the year-ago period. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: American & Efird

Textiles | On 20th May 2018

A&E introduces Repel

American & Efird (A&E), a global leader in industrial sewing thread...

Archroma working with House of Denim Foundation

Textiles | On 20th May 2018

Archroma working with House of Denim Foundation

Archroma, a leader in colour and specialty chemicals, has joined...

Courtesy: Amazon

Textiles | On 20th May 2018

Amazon opening first fulfillment centre in Tucson

Amazon.com is opening its first fulfillment centre in Tucson, which...

Interviews View All

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search