CENTURY TEXTILES & INDUSTRIES LTD. - 500040 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate pursuant to Regulation 39(3) of SEBI (LODR) Regulations, 2015.05-02-2024
05-02-2024
CENTURY TEXTILES & INDUSTRIES LTD. - 500040 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper advertisement of unaudited financial results for the quarter ended 31st December, 2023 of the Company03-02-2024
CENTURY TEXTILES & INDUSTRIES LTD. - 500040 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please refer our letter dated 30th January, 2024, wherein we had informed you that Earnings Conference Call with investors of the Company will be held today i.e. 02nd February, 2024 to discuss Q3-FY24 earnings. Please note that the said conference call as scheduled was held today at 04:00 PM (IST). In this regard, pursuant to Regulation 30 of Listing Regulations, the audio recording of the call with investors of the Company can be accessed on the link: https://www.centurytextind.com/assets/audio-recording/audio-recording-of-the-investor-meet-held-on-02-february-2024.mp302-02-2024
Q3FY24 Quarterly Result Announced for Century Textiles & Industries Ltd.
Paper & Paper Products company Century Textiles & Industries announced Q3FY24 results: Financial Highlights: Net Sales: Standalone: Q3FY24 reported a net sale of Rs 1,130 crore, showing a slight decrease from Q3FY23's Rs 1,149 crore, a change of approximately -2%. Consolidated: A slight increase in net sales is observed in Q3FY24 with Rs 1,179 crore compared to Rs 1,150 crore in Q3FY23, reflecting a 3% increase. EBITDA: Standalone: Substantial growth in EBITDA from Rs 131 crore in Q3FY23 to Rs 251 crore in Q3FY24, a remarkable 92% increase. Consolidated: EBITDA has grown to Rs 204 crore in Q3FY24 from Rs 80 crore in Q3FY23, which is a significant increase of 155%. PAT (Profit After Tax): Standalone: PAT soared to Rs 115 crore in Q3FY24 from Rs 33 crore in Q3FY23, marking a formidable increase of 249%. Consolidated: PAT figures are not provided in the presented summary. Operational Highlights Pulp & Paper Business: Sales volume saw a 24% increase in Q3FY24 compared to Q3FY23. Sales Turnover rose more than 10% to surpass Rs 799 crore in Q3FY24 from the previous quarter Q2FY24. Reported capacity utilization was 104% in Q3FY24, an improvement from 89% in Q2FY24. Real Estate Business: Began the delivery and handover process for Birla Alokya, Bengaluru. Occupancy Certificate obtained for Birla Vanya, Kalyan, and Birla Navya, Gurugram, with handovers planned for Q4. Transition to 100% green energy for Birla Aurora. Textiles Business: Noted a decrease in turnover by 16% to Rs 197 crore in Q3FY24 from Q2FY24's Rs 235 crore. Capacity utilization has decreased slightly to 83% in Q3FY24 from 86% in Q2FY24. Future Outlook Pulp & Paper Business: Expected price corrections amidst improving export demand and tissue paper demand predicted to remain stable in the fourth quarter. Real Estate Business: Anticipating consistent growth driven by luxury housing demand, with superior amenities and designs gaining buyer interest. Textiles Business: The sector may see steadier growth focusing on sustainable value chains and digital printing technologies. Commenting on the Q3FY24 results, R. K. Dalmia - Managing Director, Century Textiles and Industries (CTIL) said- "The company has showcased a remarkable turnaround this quarter as a testament to its resilience. Stellar performance by the Pulp and Paper business achieving higher production levels and sales volumes this quarter, as a result of various strategic initiatives. The Real Estate business not only initiated its maiden handover process in style but also contributed significantly to the bottom line in this quarter while continuing its steadfast growth. Meanwhile, our Textiles business continues to experience challenges due to subdued demand in export markets." Result PDF02-02-2024
CENTURY TEXTILES & INDUSTRIES LTD. - 500040 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Loss of share certificates intimation02-02-2024
CENTURY TEXTILES & INDUSTRIES LTD. - 500040 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor presentation02-02-2024
CENTURY TEXTILES & INDUSTRIES LTD. - 500040 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation - Q3-FY2402-02-2024
CENTURY TEXTILES & INDUSTRIES LTD. - 500040 - Announcement under Regulation 30 (LODR)-Change in Directorate
Reappointment of Ms. Preeti Vyas02-02-2024
CENTURY TEXTILES & INDUSTRIES LTD. - 500040 - Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors Of Century Textiles And Industries Limited
This is to inform you pursuant to Regulations 30, 33, 52, 54 of Listing Regulations that the Board of Directors at its meeting held today has approved the following: 1. Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended 31st December, 2023; 2. Raising of funds up to Rs. 250 crores in one or more tranches by issue of Unsecured, Listed, Rated, Redeemable, Non-Convertible Debentures of the Company on private placement basis within the borrowing limits approved by the shareholders subject to such statutory and regulatory approvals as may be necessary under applicable laws; 3. Reappointment of Ms. Preeti Vyas (DIN: 02352395) as an Independent Director of the Company for second term of five consecutive years w.e.f. 01st April, 2024 to 31st March, 2029, based on the recommendation of the Nomination and Remuneration Committee and is subject to the approval of the shareholders of the Company.02-02-2024