Century Textiles & Industries today said its net profit had declined by 76% year-on- year to Rs 24 crore in the quarter ended June 30, 2011.
The company had posted a net profit of Rs 100 crore for the same period last fiscal, Century Textiles said in a filing to the Bombay Stock Exchange (BSE).
Total income of the company stood at Rs 1,178.61 crore in the first quarter ended June 30, 2011, compared to Rs 1,132 crore in the same period last fiscal.
Shares of Century Textiles & Industries were being quoted at Rs 307.50 apiece on the BSE in late afternoon trade today, down 0.52% from their previous close.
