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Century Plyboards (India) Ltd News

Century Plyboards shares gain 9% in trade; here's what's driving rally

We wish to inform you that the Company has incorporated a wholly owned Subsidiary by the name "Centuryply Furniture Fittings Limited" at Kolkata on February 18, 2025

Century Plyboards shares gain 9% in trade; here's what's driving rally
Updated On : 21 Feb 2025 | 10:31 AM IST

Century Plyboards Q3 results: Net profit falls 6.1% to Rs 58.8 cr

Century Plyboards (India) Ltd on Friday reported a 6.1-per cent decline in consolidated net profit to Rs 58.8 crore for the quarter ended December 31, 2024, compared to Rs 62.7 crore in the year-ago period, owing to higher input and finance costs. The revenue from operations grew 21.7 per cent year-on-year to Rs 1,140.47 crore in the reporting quarter, up from Rs 937.4 crore in the corresponding period a year earlier, driven by strong sales in the plywood and MDF segments. The company's expenses rose to Rs 1,062.8 crore from Rs 862.5 crore a year ago, it said in an exchange filing. Century Plyboards also incorporated a new subsidiary, Century Panels BV in the Netherlands, for laminate and MDF distribution. The company completed the acquisition of Century Infotech Ltd as well, making it a wholly owned subsidiary. Sajjan Bhajanka, Chairman, Century Plyboards (I) Ltd said in a statement: The plywood segment continues to perform exceptionally well, ranking among the fastest-growing ..

Century Plyboards Q3 results: Net profit falls 6.1% to Rs 58.8 cr
Updated On : 07 Feb 2025 | 7:06 PM IST