Century Plyboards Q4 net profit down 15.5% at Rs 40.52 cr

Plywood maker Century Plyboards today reported a 15.53 per cent decline in standalone net profit at Rs 40.52 crore for the quarter ended March 31.
The company had posted a standalone profit of Rs 47.97 crore in the January-March period of the last fiscal.
Its total income from operations on standalone basis increased 11.12 per cent to Rs 454.73 crore during the quarter under review as against Rs 409.21 crore in the same period previous fiscal.
However, for the year ended March 2016, Century Plyboards's consolidated net profit was up 12.24 per cent to Rs 167.20 crore as against a net profit of Rs 148.96 crore last fiscal.

The company's consolidated total income from operation for 2015-16 fiscal increased 4.73 per cent to Rs 1,663.69 crore from a year ago period as against Rs 1,588.44 crore a year ago.
Shares of the company closed 4.62 per cent down at Rs 180.50 apiece on BSE.