Century Textiles
Building material players take a demand, margin hit in June quarter
Slowdown in construction activity, high inventory levels and cost spike key negatives
 "Building material players take a demand, margin hit in June quarter")
"Buyer beware": Wadia issues public notice against Century's realty project
Century doesn't own 30 acres of land in Worli, it claims to own, says Nusli Wadia in public notice
 "\"Buyer beware\": Wadia issues public notice against Century's realty project")
Century Textiles and Industries stock rises 16.6% after Q1 earnings
The firm posted a profit of Rs 25 crore in Q1 FY22 as against a loss of Rs 36 crore in Q1FY21
 "Century Textiles and Industries stock rises 16.6% after Q1 earnings")
Textile units to see 25% spike in production costs due to Covid compliance
Some plan to operate at 50% capacity, due to huge inventory piled up with distributors and retailers before the lockdown
 "Textile units to see 25% spike in production costs due to Covid compliance")
Century Textiles hits fresh 52-week high, surges 40% in 3 months
The management is confident of sustaining and improving its performance in the second half (October- March) of the year on the back of revenue enhancement measures
 "Century Textiles hits fresh 52-week high, surges 40% in 3 months")
Kumar Mangalam Birla is Century Textiles chairman after grandfather's death
Kumar Mangalam Birla joined the board of Century Textiles in 2006 and in 2015 became its vice-chairman.
 "Kumar Mangalam Birla is Century Textiles chairman after grandfather's death")
Century Textiles Q1 net zooms multi-fold to Rs 120 cr
Century Textiles & Industries today reported a multi-fold jump in its net profit at Rs 120.24 crore for the first quarter ended June 30, mainly on account of lower expenses. The company had posted a net profit of Rs 6.46 crore during the same period previous fiscal, Century Textiles & Industries said in a BSE filing. Total income during the quarter under review stood at Rs 2,342.76 crore, as against Rs 2,320.34 crore in the year-ago period. The company said it has recognised an income of Rs 28.46 crore on account of revision in estimates of future cash flows based on actual realisation of government grants. Total expenses during the period was Rs 2,159.46 crore compared to Rs 2,308.01 crore a year ago, down 6.43 per cent. The stock was trading 5.05 per cent up at Rs 1,285.65 on BSE.
Century may merge textiles biz with Aditya Birla Fashion
Move aimed at bringing textile, fashion business under one roof
 "Century may merge textiles biz with Aditya Birla Fashion")
Get ready to pay for info from your company
Several firms are moving resolutions to charge shareholders despatch fee and other expenses to answer such queries
 "Get ready to pay for info from your company")
Century Textiles, Mangalam Cement surge after promoter release pledge shares
Mangalam Cement surged 10% to Rs 216, while Century Textiles up 5% to Rs 512 on the BSE in intra-day trade.
 "Century Textiles, Mangalam Cement surge after promoter release pledge shares")
