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Century Plyboards Net Profit Jumps 115% To Rs 83 Crore In March Quarter

Century Plyboards This autumn Earnings: Century Plyboard’s income from operations stood at Rs 738 crore

Century Plyboards India Restricted introduced its January-March quarter outcomes for the monetary 12 months 2020-21 on Thursday, June 10, reporting a 115 per cent development in web revenue to Rs 83 crore on a standalone foundation, in comparison with Rs 38.79 crore within the year-ago interval. In line with a regulatory submitting by the corporate to the inventory exchanges, Century Plyboard’s income from operations stood at Rs 738 crore within the March quarter of fiscal 2021, in comparison with Rs 524 crore within the corresponding quarter of the earlier fiscal. 

In line with the assertion, Century Plyboard’s web revenue for the whole fiscal 12 months stood at Rs 192 crore, marking a development of 21 per cent, in comparison with Rs 158 crore within the earlier fiscal 2019-20. The corporate’s whole revenue for the March quarter stood at Rs 742 crore, in comparison with Rs 524 crore within the corresponding quarter of the earlier fiscal 12 months. The full revenue – a sum of income from operations and different revenue marked a rise of 41 per cent year-on-year within the fourth quarter of fiscal 2021.

Century Plyboards is a producer, exporter, and vendor of laminates, plywood, doorways, PVCs. The corporate gives plywood merchandise underneath the model identify Century Ply. On Thursday, shares of Century Plyboard settled 5.23 per cent larger at Rs 432.25 apiece on the BSE.

Century Plywood gained greater than 5 per cent on Thursday, opening on the BSE at Rs 415, having swung between an intra day excessive of Rs 445.75 and an intra day low of Rs 403.55, all through the buying and selling session as we speak. 
 

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