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Century Textiles & Industries posts loss in Q2
04
Nov '11
Century Textiles & Industries Ltd, manufacturer of yarn, denim, viscose filament rayon yarn, etc, has reported a loss of Rs. 321.6 million during the second quarter of current fiscal year which ended on September 30, 2011.

During the corresponding quarter of last fiscal, the company had registered a net profit of Rs. 660.5 million.

The total income of the Mumbai-based company during the July-September quarter stood at Rs. 10.989 billion compared to the income of Rs. 11.105 billion it posted during the same period in 2010.

Established in 1897, Century Textile & Industries has a global presence in several countries including Canada, China, Hong Kong, Japan, Jordan, Kenya, UAE, UK and USA, among others.

Fibre2fashion News Desk - India

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