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Century Plyboards Q3 net dips 9 pc on higher expenses

Press Trust of India  |  Kolkata 

Century Plyboards India Ltd today reported a net profit of Rs 37.31 crore for the quarter ended December, down 9.4 per cent over the corresponding period last year due to higher expenses.

Gross revenue for the quarter under review was higher by 11 per cent at Rs 456.16 crore against Rs 408.75 crore for the corresponding period last year, the company said in a statement.

"Demonetisation has not affected us and we have posted growth," company chairman Sajjan Bhajanka said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, January 31 2017. 18:22 IST