Century Textiles has reported a 7.8% drop in net profit at Rs 30.33 crore for the third quarter ended December 31, 2005 from Rs 32.92 crore in the corresponding quarter a year ago.According to a release issued by the company to the BSE today, total income increased 4.8% to Rs 699.48 crore when compared with Rs 667.36 crore for the quarter ended December 31, 2004.