Century Textiles And Industries

Century Textiles hits record high after buying Rs 1,100-cr land in Mumbai

Century Textiles and Industries Limited has acquired the ownership rights of the 10-acre land parcel in Worli, Mumbai for Rs 1,100 crore

Birla, Wadia signal truce as Century to buy Mumbai plot for Rs 1,100 cr

In what signals a truce between the Birla and Wadia families, Birla group company Century Textiles and Industry on Tuesday announced a deal to buy the prime land parcel at the centre of the dispute in central Mumbai's mill district from Nusali Wadia for Rs 1,100 crore. The two families, among the oldest denizens of corporate India, were at loggerheads over the Worli plot in what used to be the mill land and has now become prime real estate. The matter was pending in the courts. On Tuesday, Birlas-run Century Textiles and Industry made the surprise announcement that its realty arm Birla Estates is acquiring title rights for the approximately 10-acre plot for Rs 1,100 crore from Nusli Wadia. The "existing leasehold interest of CTIL is merged with the ownership rights" with the deal, the statement said, adding that this particular parcel possesses a booking value potential of Rs 14,000 crore if the real estate is exploited to the fullest. It can be noted that a year back, the nearly .

Century Textiles shares climb 7% on acquiring 10 acre land parcel in Mumbai

Century Textiles stock price today surged after the company acquired around 10 acres of land parcel in Worli, Mumbai. The company plans to develop the land, through its real estate subsidiary

Century Textiles arm forms JV with Barmalt India; share price zooms 13%

Birla Estates Private Ltd, the real estate venture of Aditya Birla Group, has entered into a JV with Barmalt India Pvt Ltd for a luxury residential project in Gurugram

RVNL, Century Textiles, Uno Minda, HAL among six stocks to watch on June 06

Stocks to watch on June 06: State-owned Railway Vikas Nigam Limited (RVNL) received an order worth of around Rs 390 crore from the Indian Railways

Century Textiles Q2FY24 result: Net loss widens to Rs 32 crore QoQ

The consolidated net loss of Century Textiles for Q2FY24 stood at Rs 32.87 crore. On YoY basis, the net profit stood at Rs 69.97 crore. In Q1FY24, the net loss stood at Rs 7.06 crore

Stocks to Watch today, Sep 27: Infy, HealthCare Global, Suzlon, Century Tex

Stocks to watch on Wednesday, September 27, 2023: Shares of SignatureGlobal (India) and Sai Silk (Kalamandir) to debut on the bourses today.

Century Textiles June quarter net profit declines by 62% at Rs 24 crore

The company has acquired significant projects in Pune, Mumbai, and Bengaluru; all ongoing real estate projects are progressing well

Arvind, Raymond: Textile stocks with land bank may rise up to 16%

Selective textile stocks are developing robust chart structures

PM MITRA mega textile parks to be set up in seven states, says PM Modi

Prime Minister Narendra Modi announced on Friday that "PM MITRA mega textile parks" will be set up in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh and Uttar Pradesh, asserting that they will attract massive investments and create lakhs of jobs. "The PM MITRA mega textile parks will provide state-of-the-art infrastructure for the textiles sector, attracts investment of crores and create lakhs of jobs. It will be a great example of 'Make in India' and 'Make For the World'," Modi tweeted. He added, "PM MITRA mega textile parks will boost the textiles sector in line with 5F (Farm to Fibre to Factory to Fashion to Foreign) vision. Glad to share that PM MITRA mega textile parks would be set up in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, MP and UP.

UP betting big on manufacturing to achieve trillion-dollar economy target

UP is among India's top producers and exporters of toys, leather goods, and textiles in the country

Century Textiles Q2 profit rises 59% to Rs 70 cr, total income jumps

Century Textiles and Industries, a part of the Aditya Birla Group, on Wednesday reported 59.38 per cent rise in consolidated net profit at Rs 69.97 crore for September quarter 2022-23. In the year-ago period, the profit stood at Rs 43.9 crore, the company said in a regulatory filing. Total income from operations rose to Rs 1,242.11 crore from Rs 1,034.27 crore in the corresponding period of the previous year. Total expenses also shot up to Rs 1,125.25 crore as against Rs 972.08 crore. The company is into textiles, pulp and paper and realty businesses.

Century Textiles reports 78% jump in net income at Rs 63 crore in Q1

The company, which is primarily into textiles, pulp and paper products and realty, said its sales grew to Rs 1,170 crore, a growth of 41 per cent compared to the year-ago period.

Century Plyboards Q1 profit rises 3-fold to 92.62 cr; revenue up 94.3%

Century Plyboards (India) Ltd on Wednesday reported a nearly three-fold rise in its consolidated net profit to 92.62 crore for the first quarter ended on June 2022. The company had reported a net profit of Rs 31.07 crore in the April-June quarter a year ago, Century Plyboards said in a BSE filing. Its revenue from the operation rose 94.25 per cent to Rs 888.78 crore during the quarter under review. It was Rs 457.54 crore in the corresponding quarter previous fiscal. Century Plyboards' total expenses increased 83.74 per cent to Rs 768.97 crore in Q1 FY2022-23 against Rs 418.50 crore. Meanwhile, in a separate filing Century Plyboards said its board in a meeting held on Wednesday approved the scheme of arrangement between the company and its wholly-owned subsidiary Century Infra Ltd. As per the scheme, Century Plyboards will transfer its Container Freight Station Services Undertaking business to its arm Century Infra on a slump sale basis. In consideration, Century Infra will issue

Century Textiles surges 15%, hits record high on robust Q1 results

In Q1FY22, the company reported a consolidated net profit of Rs 25 crore as against a net loss of Rs 36 crore in the year-ago quarter.

Century Textiles and Industries Q4 profit declines 44% to Rs 80 cr

The company logged a profit ofRs 142.50 crore in January-March period a year ago, Century Textiles and Industries Ltd (CTIL) said in a BSE filing.

Coronavirus impact: Textile companies fear FY21 will be a washout

Most units say there are no orders as retailers haven't resumed operations

Century Textiles hits fresh 52-week high on fund raising plan via NCDs

The company said its board will meet on Tuesday, January 28, 2020 to consider and approve issue of non-convertible debentures on private placement basis for an amount up to Rs 400 crore.

Century Textiles and Industries's Q4 profit more than doubles to Rs 228 cr

The company's total income during the quarter was Rs 1,008.54 crore. It was Rs 993.32 crore in the corresponding quarter of the previous fiscal