CENTURY ENKA Competition from Imports Century Enka is a B K Birla group company that produces polyester partially oriented yarn (POY), polyester chips and the nylon tyre cord fabric (NTCF). In the last fiscal, its profit after tax declined by about 2 per cent to Rs 57 crore, from Rs 58.09 crore in the previous year. However, sales increased by about 4 per cent to Rs 980.4 crore in 2003-04 from Rs 946.21 crore in the previous year. Margins were under pressure due to the volatility in raw material prices and competition from low-priced imports.
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