Century Plyboards Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 08, 2023 at 02:48 pm IST
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Century Plyboards (India) Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 9,968.36 million compared to INR 9,085.99 million a year ago. Revenue was INR 10,114.2 million compared to INR 9,289.71 million a year ago. Net income was INR 968.61 million compared to INR 940.85 million a year ago. Basic earnings per share from continuing operations was INR 4.36 compared to INR 4.23 a year ago.
For the six months, sales was INR 18,878.36 million compared to INR 17,973.8 million a year ago. Revenue was INR 19,145.75 million compared to INR 18,237.6 million a year ago. Net income was INR 1,837.86 million compared to INR 1,864 million a year ago. Basic earnings per share from continuing operations was INR 8.27 compared to INR 8.39 a year ago.
Century Plyboards (India) Ltd. is an India-based company, which is primarily engaged in the manufacturing and sale of plywood, laminates, decorative veneers, medium-density fiberboards (MDF), pre-laminated boards, particle board and flush doors, and providing container freight station (CFS) services. The Company has manufacturing facilities near Kolkata, Karnal, Guwahati, Hoshiarpur, Kandla and Chennai. Its container freight station is located near Kolkata port. The Company operates through six segments: Plywood, Laminate, MDF, Particle Board, CFS Services and Others. Plywood segment provides plywood, block-board, veneer and timber. Laminate segment provides decorative Laminates. MDF segment offers plain and pre-laminated medium density fiber boards. Particle Board segment offers plain and pre-laminated particle board. CFS Services segment provides container freight stations services. Others segment provides mainly trading of chemicals and new age panel products.