Century Textiles and Industries Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 10,872.8 million compared to INR 12,107.8 million a year ago. Revenue was INR 11,148.8 million compared to INR 12,421.1 million a year ago. Net loss was INR 304.4 million compared to net income of INR 715.8 million a year ago. Basic loss per share from continuing operations was INR 2.75 compared to basic earnings per share from continuing operations of INR 6.41 a year ago. Diluted loss per share from continuing operations was INR 2.75 compared to diluted earnings per share from continuing operations of INR 6.41 a year ago.
For the six months, sales was INR 21,937.2 million compared to INR 23,826.2 million a year ago. Revenue was INR 22,402.6 million compared to INR 24,361.2 million a year ago. Net loss was INR 363.2 million compared to net income of INR 1,178.9 million a year ago. Basic loss per share from continuing operations was INR 3.28 compared to basic earnings per share from continuing operations of INR 10.56 a year ago. Diluted loss per share from continuing operations was INR 3.28 compared to diluted earnings per share from continuing operations of INR 10.56 a year ago.