Revenue for the quarter grew a healthy 18.4% year-on-year to ₹1,350 crore, as against ₹1,140 crore reported a year ago.
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Shares of Century Plyboards (India) Ltd. were trading with losses of up to 5% in Wednesday’s session on February 4, despite the company reporting a largely strong set of earnings for the December quarter.
Century Plyboards reported a 9.4% year-on-year rise in net profit at ₹64 crore for the quarter under review, compared with ₹58.4 crore in the corresponding period last year.
Revenue for the quarter grew a healthy 18.4% year-on-year to ₹1,350 crore, as against ₹1,140 crore reported a year ago.Operating performance improved, with EBITDA rising 32% year-on-year to ₹170.5 crore from ₹129.2 crore in the year ago period.
This led to an expansion in operating margins, which improved to 12.6% in the December quarter from 11.3% in the same quarter last year.
