Century Plyboards & Greenply Industries
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")
Prospects for Century Plyboards, Greenply remain strong
Shortening replacement cycle, growing demand for medium-density fibre, and rising thrust on low-cost housing will aid the two companies
 "Prospects for Century Plyboards, Greenply remain strong")