Century Plyboards’s Net Profit Nosedives 99% For Q3FY20

New Delhi: Century Plyboards Ltd’s consolidated net profit nosedived 99 percent to Rs 0.37 crore in the third quarter of the current fiscal as compared to Rs 30.13 crore in the corresponding quarter of the previous fiscal.

Its total income increased about 5 percent to Rs 606.35 crore for the third quarter of the current fiscal as compared to Rs 580.38 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing. 

Of the total income in the latest quarter, plywood and allied products accounted for 332.51 crore of revenues, laminate and allied products accounted for Rs 114.9 crore of revenues, medium-density fiber board accounted for Rs 96.61 crore of revenues and particle board contributed Rs 24.95 crore.  

 

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