Century Plyboards Q4 net profit up 9.37% at Rs 91.03 cr
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
The company reported standalone net profit of Rs 91.03 crore for the quarter ended March 31, 2022 as compared to Rs 83.23 crore in the same period last year, registering a year-on-year growth of 9.37 per cent. Net revenue of the company rose substantially by 21.21 per cent at Rs 895.26 crore in January-March quarter of this fiscal as against Rs 738.62 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 20.03 per cent to Rs 734.32 crore from Rs 611.79 crore in year ago period. Other Income grew by 41.96 per cent at Rs 5.21 crore versus (Mar'21 Rs 3.67 crore). Operating Profit surged by 26.90 per cent to Rs 160.93 crore as against Rs 126.82 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.72 per cent in March quarter. Interest grew by 10.73 per cent y-o-y to Rs 3.20 crore, while Taxation increased by 92.34 per cent at Rs 54.72 crore (Mar'21 Rs 28.45 crore).
