Latest news about Century Enka
Century Enka Reports 24% Revenue Decline in Q1 FY26 Amid Industry Challenges
Century Enka Limited experienced a significant decline in Q1 FY26 financial performance. Operating revenue fell 24% to ₹402.00 crores, EBITDA dropped 52% to ₹20.00 crores, and PAT decreased 37% to ₹15.00 crores. Tyre Cord Fabrics revenue declined 35% due to weak demand and Chinese imports. Filament Yarn revenue decreased 15%, affected by a previous plant fire. Total volume fell 17% to 17,072 metric tons. The company faces challenges from weak demand, Chinese imports, and raw material price volatility. Management expects demand improvement in Q2 and better second-half performance, targeting normal EBITDA margins of 6-8%.
Century Enka Reports 24% Revenue Decline in Q1 Amid Challenging Market Conditions
Century Enka Reports 37% Decline in Q1 Net Profit Amid Revenue Contraction
Century Enka Resumes NFY Spinning Plant Operations Following Fire Incident
Century Enka Reports Q4 Decline in Revenue and Profit, Declares Dividend
