Century Plyboards Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 02, 2024 at 04:14 am EST
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Century Plyboards (India) Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 9,373.98 million compared to INR 8,837.4 million a year ago. Revenue was INR 9,467.1 million compared to INR 8,890.08 million a year ago. Net income was INR 630.59 million compared to INR 822.37 million a year ago. Basic earnings per share from continuing operations was INR 2.84 compared to INR 3.7 a year ago. Diluted earnings per share from continuing operations was INR 2.84 compared to INR 3.7 a year ago.
For the nine months, sales was INR 28,252.34 million compared to INR 26,811.2 million a year ago. Revenue was INR 28,612.85 million compared to INR 27,127.68 million a year ago. Net income was INR 2,468.45 million compared to INR 2,686.37 million a year ago. Basic earnings per share from continuing operations was INR 11.11 compared to INR 12.09 a year ago. Diluted earnings per share from continuing operations was INR 11.11 compared to INR 12.09 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.
CENTURY PLYBOARDS (INDIA) LIMITED 
