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: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search