Century Textiles And Industries

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

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.

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 (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

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.

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.

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

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.

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