Century Textiles Q4 net profit at Rs 11.81 crore

Century Textiles and Industries Ltd today reported a net profit of Rs 11.81 crore for the fourth quarter ended March 31, 2015.
The company had posted a net loss of Rs 4.90 crore for the quarter ended March 31, 2014.
Total income increased to Rs 2,109.54 crore for the quarter ended March 31, 2015 from Rs 1,856.96 crore for the quarter ended March 31, 2015, the company said in a BSE filing.
The company posted a net profit of Rs 15.49 crore for the year ended March 31, 2015 as compared to net profit of Rs 2.72 crore for the year ended March 31, 2014.

Total income increased to Rs 7,579.31 crore for the year ended March 31, 2015 from Rs 6,694.18 crore for the year ended March 31, 2014.
Meanwhile in a separate filing, Century Textiles appointed Rajashree Birla as an Additional Director under the category of promoter director.
The company's board of directors has recommended dividend of Rs 5.50 on equity shares of Rs 10 each for the year ended March 31, 2015.
Shares of Century Textiles were trading at Rs 703.75 apiece, down 5.73 per cent from their previous close on the BSE.