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Century Plyboards' Revenue Increases by 14 % in the Third Quarter of Financial Year 2018-19

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."

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    Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: IBG News
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