India’s leading plywood company, Century Plyboards (I) Ltd registered a net revenue of Rs. 524.19 crore from operations for the Q4, ending 31st March, 2020 for FY 19-20 which is a decrease of 10% from Rs.583.23crore registered over the corresponding period of the last financial year. The net revenue from operations for the FY 2019-20 registered Rs.2282.68 crore showing a growth of 1%, over previous financial year’s Rs.2263.83crore.
The earnings before depreciation interest and tax for the last quarter of FY 2019-20 was Rs.70.18 crore, (an increase of 5% over the corresponding period last FY from Rs.66.58 crore) and Rs. 315.18crore respectively (an increase of 3%, compared to the last FY of Rs.306.43 crore).
The Profit After Tax has been registered Rs. 38.79 crore; an increase of 14% corresponding period of last FY of Rs.34.16 crore. The Profit After Tax for the FY was almost flat at Rs. 158.17crs; corresponding to the period of last FY of Rs.158.76 crore.
Commenting on the company’s performance, Mr. Sajjan Bhajanka, Chairman, Century Plyboards (India) Ltd. Said, “Most of our divisions have done well. Recovery for laminates has been steep and the EBITDA margins are practically back to their previous positions. MDF and Particle boards have also been the great performers. Reduced top line in plywood has lowered the EBITDA margin but we are hopeful that in the second half of the year, we will be back to our previous position with same EBITDA margin.”