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.”
