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Century Textiles & Industries Ltd.
Q4FY22 Quarterly Result Announced for Century Textiles & Industries Ltd.

Century Textiles & Industries posts consolidated net profit of Rs 84 crore in Q4 FY22 Century Textiles & Industries declares Q4FY22 result: Q4 FY22 Consolidated Sales increased by 45% YoY to Rs. 1,188 Cr. FY22 Sales surged by 58% over the previous year. Consolidated EBITDA during the quarter jumped 65% YoY. FY22 EBITDA at Rs. 487Cr, was up 71% over the previous year. Quarterly and Full-year PAT witnessed a sharp turnaround compared to last year. Pulp and Paper business reported highest-ever quarterly sales Birla Estates' flagship project Birla Niyaara clocked more than Rs.1200 Cr of booking value. Commenting on the Q4 FY22 results, JC Laddha Managing Director, Century Textiles and Industries Limited (CTIL) said - "Century Textiles and Industries Limited has witnessed a very strong performance in all its operational and financial parameters, despite disruptions caused due to 3rd wave of COVID19. Both the Pulp & paper and the Textiles business achieved peak capacity utilisation. We are witnessing strong uptick in demand across these segments. With the launch of the flagship project Birla Niyaara at Worli, the real estate business is also poised for strong growth". Result PDF

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