Century Textiles' total expenses were at Rs 2,314.42 crore, up 2.06 per cent, as against Rs 2,267.67 crore. New Delhi, May 12 () Century Textiles and Industries Ltd today posted a net profit of Rs 36.83 crore for the fourth quarter ended on March 31, 2017. The company had reported a net loss of Rs 2.30 crore in the January-March period a year ago, Century Textiles said in a BSE filing. For the financial year ended March 31, 2017, Century Textiles's net profit was at Rs 104.99 crore. Its total income from operations in 2016-17 was down 0.81 per cent to Rs 8,729.16 crore as compared to Rs 8,800.59 crore a year ago.
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Net interest income (NII) for the quarter came in at Rs 18,070 crore, compared with the ETNow poll estimate of Rs 15,441 crore.The lender said gross non-performing assets (NPAs) declined to 6.90 per cent of gross advances, down 33 basis points from 7.23 per cent reported for December quarter. Gross NPAs in the year-ago quarter stood at 6.50 per cent.On a net basis, NPAs fell to 3.71 per cent from 4.24 per cent in December quarter and 3.71 per cent in the corresponding quarter last year.The provision coverage ratio for the quarter stood at 65.95 per cent compared with 62.87 per cent in December quarter. NEW DELHI: State Bank of India (SBI) on Friday reported a 123 per cent jump in standalone net profit at Rs 2,814.82 crore for the March quarter, beating the Rs 2,701 crore estimate of analysts projected in an ET Now poll.The country's largest lender had reported a net profit of Rs 1,263.81 crore for the corresponding quarter last year.Interest earned for the quarter climbed to Rs 47,393 crore from Rs 42942 crore reported for the same quarter last year.
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Net interest income (NII) for the quarter came in at Rs 18,070 crore, compared with the ETNow poll estimate of Rs 15,441 crore.The lender said gross non-performing assets (NPAs) declined to 6.90 per cent of gross advances, down 33 basis points from 7.23 per cent reported for December quarter. Gross NPAs in the year-ago quarter stood at 6.50 per cent.On a net basis, NPAs fell to 3.71 per cent from 4.24 per cent in December quarter and 3.71 per cent in the corresponding quarter last year.The provision coverage ratio for the quarter stood at 65.95 per cent compared with 62.87 per cent in December quarter. NEW DELHI: State Bank of India (SBI) on Friday reported a 123 per cent jump in standalone net profit at Rs 2,814.82 crore for the March quarter, beating the Rs 2,701 crore estimate of analysts projected in an ET Now poll.The country's largest lender had reported a net profit of Rs 1,263.81 crore for the corresponding quarter last year.Interest earned for the quarter climbed to Rs 47,393 crore from Rs 42942 crore reported for the same quarter last year.
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