Century Textiles & Industries Ltd has announced the following audited results for the quarter & year ended March 31, 2006:
The Company has posted a net profit of Rs 252.10 million for the quarter ended March 31, 2006 (Q4 FY 05-06) as compared to Rs 425.40 million for the quarter ended March 31, 2005 (Q4 FY 04-05).
Total Income (net of excise) has increased from Rs 6958.60 million in Q4 FY 04-05 to Rs 7278.00 million for Q4 FY 05-06.
The Company has posted a net profit of Rs 1090.50 million for the year ended March 31, 2006 (FY 05-06) as compared to Rs 1096.30 million for the year ended March 31, 2005 (FY 04-05).
Total Income (net of excise) has increased from Rs 25250.70 million in FY 04-05 to Rs 26855.20 million for FY 05-06.
The Board of Directors of the Company has recommended dividend @ 30 percent on paid up Equity Share Capital for the year ended March 31, 2006 as against 25% paid in the previous year on Equity Shares of Rs 10/- each.
Further the Company has informed that the Register of Members & Share Transfer Books of the Company will remain closed from June 22, 2006 to July 12, 2006 (both days inclusive) for the purpose of dividend & Annual General Meeting of the Company to be held on July 12, 2006.
The dividend will be made payable on or after July 17, 2006.
Bombay Stock Exchange Ltd
marketing@alchempro.com
