Century Plyboards Q4 results: Net profit rises 29.5% YoY to ₹114.7 cr; announces dividend of Re 1

Century Plyboards, the plywood and laminate sheets manufacturer, reported a consolidated net profit of ₹114.7 crore in the quarter ended March 2023. This is a sharp rise of 29.5% from a net profit of ₹88.5 crore posted in the same quarter last fiscal.

The company’s consolidated revenue from operations in Q4FY23 rose 7.1% to ₹965.4 crore from ₹901.1 crore, YoY.

At the operational level, earnings before interest, tax, depreciation and amortization (EBITDA) increased 2% to ₹163.8 crore from ₹160.7 crore, YoY, while EBITDA margin contracted to 17% from 17.8%, YoY.

The board of directors of Century Plyboards also recommended a dividend of Re 1 per equity share of face value Re 1 each.

At 3:20 pm, the shares of Century Plyboards were trading 1.47% higher at ₹577.80 apiece on the BSE. 

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