>>
Home / Knowledge / News / Textiles / Losses in textile division of Century grows

Losses in textile division of Century grows

04
Nov '08
Century Textiles and Industries recently released its results for the period June-Sept 2008-09. The company has seen a fall of 57% in profits from that in the same quarter of the last fiscal.

Sales though have grown by 11 percent to reach Rs 8540 million from Rs 7894 million, profits have shrunk to just Rs 285.5 million in the same period from Rs 663.7 million in the period under comparison.

Expenditure on raw material grew by 25% to Rs 2120 million while the company also posted an exceptional profit of Rs 330 million from sales of assets of its Mumbai mill.

The textile division has reported growth of a nominal 4% in growing from Rs 1666.1 million in the previous quarter to Rs 1747.9 million in the quarter under consideration while losses after depreciation but before interest and exceptional items has risen from Rs 66.6 million to Rs 283.7 million.

Click here to view detailed results.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 20th May 2022

World economy projected to grow by 3.1% in 2022: UN

The world economy is projected to grow by 3.1 per cent in 2022,...

Pic: Shutterstock

Textiles | On 20th May 2022

85% of clothes, textiles in US dumped in landfill or incinerator: NIST

Only about 15 per cent of used clothes and other textiles in the...

Pic: Shutterstock

Textiles | On 20th May 2022

Lowering logistics costs key to Vietnam’s export competitiveness

Reducing logistics costs is crucial to raising competitiveness of...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

T Rajkumar,

T Rajkumar

<div>Confederation of Indian Textile Industry (CITI) being one of the...

Ahammed Ali Babu,

Ahammed Ali Babu

With its expertise in spinning, knitting, printing and embroidery, Blue...

Ralph Tharpe,

Ralph Tharpe

The White Oak Legacy Foundation (WOLF) is dedicated to the history of...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Mae Geri, Label - Minuit Wear

Mae Geri
Label - Minuit Wear

France-based loungewear brand designer, Mae Geri, is known for her chic...

Eirinn Hayhow, Label - Eirinn Hayhow

Eirinn Hayhow
Label - Eirinn Hayhow

Eirinn Hayhow, founder of her eponymous label, is renowned for creating...

Marylin Fitoussi, Netflix Show - Emily In Paris

Marylin Fitoussi
Netflix Show - Emily In Paris

Netflix’s renowned show Emily in Paris’s costume designer Marylin Fitoussi ...

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

ESTEEMED CLIENTS

THE BOMBAY DYEING ;& MFG.CO. LTD
Italian Trade Commission
Jiangsu Yingyang Nonwoven Machinery Company Limited
Indo Tex
Lululemon Athletica Inc
Groz-Beckert KG
Boardriders Asia Sourcing Limited
Vardhman Textile Ltd
Walmart
Shanghai  Aige Exhibition Service Co., Ltd
Newtech Textile Technology Development (Shanghai) Company Limited
Datatex Consulting Srl
International Textile Manufacturers Federation
Kern – Liebers Textile
Thai Trade Center
Eurofins BLC Leather Technology Centre Ltd
CSGIA(China Screen Printing & Graphic Imaging Association)
Green Fibre
OVS Hong Kong Sourcing Ltd.
Zünd Systemtechnik AG
Kornit Digital Asia Pacific Ltd
Lectra Technologies India Pvt Ltd.
Thermore (Far East) Ltd.
China World International Exhibition Company Limited
NITI Aayog
Lisa S.P.A.
Equinox Impex India
Huntsman (Singapore) Pte Ltd
Bluestem Global Sourcing Limited
Truetzschler India Private Limited
JES MEDIA, INC
Lenzing Aktiengesellschaft
Thai Acrylic Fibre Company Limited
Etam Group Strategy Hong Kong Limited
FESPA (Reigate)
Esprit Europe Services GmbH
Recron Polyester from Reliance Industries Limited
Hirdaramani International Export Private Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
C;&A Sourcing International Ltd
Stahl Holdings B.V.,
Savio Macchine Tessili S.P.A.
Varner AS Retail
TÜYAP IHTISAS FUARLARI A.S.
Nihalani Events Management
Desigual - ABASIC, S.A.
John Varvatos
Performance Days
Haelixa AG
X-Rite Asia Pacific Limited (HK)
Midas Clothing Limited
Taiwan Textile Federation (TTF)
Sainsbury's Argos Asia Limited
DuPont de Nemours, Inc.,
Asos
Amazon China
BRINKMANN GMBH
Babyshop
Lifestyle
EMBEE CORPORATION
Sportswear Company Spa
Calvin Klein
KAS Direct Sourcing
LC Waikiki
Benetton Group
TEXVALLEY MARKET LIMITED
BIANCA
Puma
Alison Hayes Romania
Shima Seiki Mfg. Ltd.
H. Stoll AG & Company KG
K AND D ITMACH EXPOSITIONS LLP
IFF Media Ag - International Media Services
Alix Partners
Loris Bellini S.r.l.
Landmark Group
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Tchibo GmbH
Brückner Trockentechnik GmbH & Co. KG
Mayer & Cie. GmbH & Co. KG
Comasia Limited
Helly Hansen Far East Ltd
Guess Europe Sagl,
SHAHI Exports Pvt Ltd
Chori Company Limited
Nandan Denim Limited
Woolmark Services India Pvt. Ltd.
ITMA Services Pte Ltd
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Lenzing Aktiengesellschaft - India
Color Service s.r.l.
Cat Tuong Real Estate Group Joint Stock Company
Officina Meccanica Dora Enrico Srl
Centric Software
Rieter India Private Limited
Recron Polyester from Reliance Industries Limited
J ;& P Coats
Chico’ FAS
Colours India Inc
BIMBA ;& LOLA SL
Messe Duesseldorf
The Top Form Brassiere Manufacturing Company Limited
Hela Clothing Pvt Ltd
Maceton Limited
Aramark Uniform ;& Career Apparel, LLC
Mesdan SPA
GHCL LIMITED
TESTEX AG, Swiss Textile Testing Institute
Weitmann & Konrad GmbH & Co. KG
Gatsby Africa
PVH Corporation
Sportmaster Ltd.
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Sateri (Jiujiang) Fiber Co.,Ltd
EPCH
Reiter India Private Limited
IIGM Private Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Copenhagen Fashion Summit
Tommy Hilfiger
UBM China (Shanghai)
G.A.S. unternehmenskommunikation gmbh
Karl Mayer Textilmaschinenfabrik GmbH
Tuyap Tum Fuarcilik Yapim A.S.
Rayonese Textile Inc., Division de Culp Inc.
N9 World Technologies Private Limited
KIABI
Marzoli Machines Textile s.r.l.
Page Industries Limited (Bangalore)
BTSR International S.P.A.
Grasim Industries Limited
NV Michel Van de Wiele
Palexpo SA
Itema Weaving (India) Private Limited
Meera Dyestuff Industries
Permoda(Koaj/Armi/Pronto/Bkul)
Jindal Worldwide Limited
Seasalt Limited
Under Armour Global Sourcing Ltd
Istanbul Fuarcilik A.S.
The LYCRA Company Singapore  Pte. Ltd
Abit
Indofil Industries Limited - Specialty & Performance Chemicals Division
Bluesign Technologies Ag
Pt. Peraga Nusantara Jaya Sakti
EUROVET ASIA LTD
VNU Exhibitions Asia
IKEA of Sweden AB
CGS Inc.
GIOVANNI BOZZETTO S.p.A.
DyStar India Pvt. Ltd
Aquarelle Clothing Limited
Phong Phu international JSC (PPJ)
Applied DNA Sciences Inc
H;&M Hennes ;& Mauritz (Far East) Ltd
Infor (Hong Kong) Limited
Restoque S.A.
Gap International Sourcing Limited
FULGAR SpA
Flainox S.r.l.
Saurer Textile Solutions Pvt. Ltd.
TESCO INTERNATIONAL SOURCING LIMITED
GERBER TECHNOLOGY LTD.
Dow Silicones Corporation
Brandix Lanka Limited
Xtema - Thomas Lebherz Textilmaschinen
Gokaldas Exports Limited
Gloria Jeans
The LYCRA Company Singapore  Pte. Ltd
COTTON COUNCIL INTERNATIONAL
ZAITEX spa
Groz-Beckert East Asia LLP
Inter Expo Center Ltd.
Eastman Chemical Company
Tradewind International Servicing
Vianney Textil Hogar S.A. De C.V.
Datacolor AG Europe
BTC Textiles LLC
Rosset ;& Cia Limited
MAS Active / MAS Kreeda / MAS Bodyline
Tory Burch Hong Kong Ltd
USTER
IDH – The Sustainable Trade Initiative
T.T. Limited
Coats Digital Limited
Decathlon
Lacoste (Wanchai)
G-Star Raw C.V.
APLF Limited
Lottmann Communications
Messe Frankfurt Exhibition GmbH
Zydex Industries
Arvind Limited
Aleph Srl
Splash
Target Corporation (MN)
International Sourcing Expo Australia
SYNERGIES HONG KONG LIMITED

May 2022

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


Advanced Search