Century Plyboards (India) Ltd Share Price – NSE  / BSE

Plywood Boards/Laminates, Small Cap

Century Plyboards (India) announced that the 43rd Annual General Meeting (AGM) of the company will be held on 25 September 2024.

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Revenue from operations rose 12.84% year on year (YoY) to Rs 1,005.38 crore in the quarter ended June 2024.

Profit before tax stood at Rs 57.66 crore in June 2024 quarter, down 50.34% from Rs 116.11 crore posted in same quarter last year.

On segmental front, revenue from plywood and allied products stood at Rs 567.87 crore (up 14.22% YoY), medium density fibre board was Rs 209.49 (up 25.53% YoY), laminate and allied products was at Rs 154.04 crore (down 1.14% YoY), particle board stood at Rs 36.66 crore (down 7.1% YoY) and container freight station services was at Rs 24.58 crore (up 14.65% YoY) during the period under review.

During the quarter, total expenses increased 19.79% YoY to Rs 942.79 crore. Cost of materials consumed stood at Rs 481.34 crore (up 14.07% YoY), employee benefits expense was Rs 159.60 crore (up 21.83% YoY) while finance costs stood at Rs 14.95 crore (up 143.09% YoY) during the period under review.

Century Plyboards (India) is a manufacturer and distributor of building products. Its portfolio of products comprises plywood, block-board, decorative veneer and timber, particle boards, flush doors, medium density fiberboards (MDF), decorative laminates, pre-laminated boards, and fiber cement boards.

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Century Plyboards (India) will hold a meeting of the Board of Directors of the Company on 5 August 2024.

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Net profit of Century Plyboards (India) declined 30.63% to Rs 79.54 crore in the quarter ended March 2024 as against Rs 114.66 crore during the previous quarter ended March 2023. Sales rose 9.87% to Rs 1060.72 crore in the quarter ended March 2024 as against Rs 965.45 crore during the previous quarter ended March 2023.

For the full year,net profit declined 13.24% to Rs 326.39 crore in the year ended March 2024 as against Rs 376.22 crore during the previous year ended March 2023. Sales rose 6.56% to Rs 3885.95 crore in the year ended March 2024 as against Rs 3646.57 crore during the previous year ended March 2023.

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