Century Textiles & Industries has registered a 76.2 per cent decline in net profit year-on-year to Rs 23.90 crore in the quarter ended June 30, 2011.

The net profit stood at Rs 100.43 crore in the same period last fiscal, the company said in a filing to the Bombay Stock Exchange.

Total income stood at Rs 1,178.61 crore in the first quarter ended June 30, 2011 compared with Rs 1,132.39 crore in the same period last fiscal.

Shares of Century Textiles & Industries were being quoted at Rs 307.50 apiece on the BSE in the late afternoon trade today, down 0.52 per cent from their previous close.

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