• Q3 loss of INR635.8m from INR15.8m profit 
  • Sales up 12.7% to INR18.476bn
  • Textiles division revenue rise 5.4% 

India’s Century Textiles & Industries incurred a third quarter net loss of INR635.8m (US$10.3m), compared to a profit of INR15.8m a year earlier.

Net sales for the company rose 12.7% to INR18.476bn, it said in a stock exchange submission.

Meanwhile, the group's textiles division posted revenue up 5.4% to INR4.329bn, but said earnings had plummeted to INR136.6m, compared to INR335.3m in the third quarter last year.