Century Plyboards’ Revenue Increases by ­­­­14 % ­in the Third Quarter of Financial Year 2018-19

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Century Ply
Century Ply

Century Plyboards’ Revenue Increases by ­­­­14 % ­in the Third Quarter of Financial Year 2018-19

Kolkata, February 6th 2019: India’s leading plywood company, Century Plyboards (I) Ltd., today announced its Results for Third Quarter of FY 18-19.

Highlights:

  • Gross Revenue from operations for Third Quarter, ending 31st December, 2018-19 Fiscal Year, was Rs. 578.89 cr. an increase of 14 % over corresponding period of last Financial Year                Rs. 509.93 cr.
  • Profit after Tax for the Quarter ending 31st December, 2018-19 was Rs. 41.41 cr. showing a decrease of (11 %) over corresponding period of last Financial Year Rs. 46.66 cr.
  • MDF have performed exceptionally well during the Quarter under review. Check – It should be a part of speech.

Business Outlook:

Commenting on the Company’s Performance, Mr. Sajjan Bhajanka, Chairman, Century Plyboards (I) Ltd said,

 “All business verticals performed well with sustainable revenue and profit achievement. We have maintained a stable performance in Q3 in spite of the continuation of poor real estate off-take. 

Going forward business is expected to remain stable with growth prospect.”

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