Kolkata, January 31ST 2017: India’s leading plywood company, Century Plyboards (I) Ltd., Today Announced its Results for Third Quarter of FY 16-17.
- Gross Revenue from operations for Third Quarter, ending 31ST December, 2016-17 Fiscal Year, was Rs. 456.16 cr. an increase of 11.6% over corresponding period of last Financial Year Rs. 408.75 cr.
- Profit after Taxfor the Quarter ending 31ST December, 2016-17 was Rs. 37.31 cr. showing a Decrease of (9.4%) over corresponding period of last Financial Year Rs. 41.16 cr.
- Laminates and Allied products have performed exceptionally well during the Quarter under review.
Commenting on the Company’s Performance, Mr. Sajjan Bhajanka, Chairman, Century Plyboards(I) Ltd said, “ Demonetisation has not affected us and we have posted growth.”
Century Plyboards (I) Ltd. (CPIL), the first ISO 9002 Company in India for plywood and veneer, started its operations in 1986, CPIL also received ISO 14001 Certification in 2004. The company was formed by Sajjan Bhajanka and Sanjay Agarwal. In a very short span, it has created a niche for itself and is the market leader in this sector. CPIL has its manufacturing units at Kolkata, Chennai, Guwahati, Karnal, Kandla, Myanmar and Laos. CPIL today manufactures the entire range of commercial, marine, shuttering and decorative plywood. Other products are Laminates, Veneers, Doors, MDF, Prelam, Fibre Cement Boards, PVC sheets, Faceveneers, Exteria exterior laminates, Nesta Furniture & Modular Kitchens. ‘Construction World’, one of the most definitive business journals, has adjudged it as, “the Fastest Growing Company with the Highest Turnover” five times, for the years 2003, 2005, 2006, 2007 and 2008. It has featured in the Super Brands India Top 500 in 2015, and the top 100 list published by Dunn & Bradstreet for 2014-’15. As the pioneers in Borer Proof Plywood and Boiling Water Resistant (BWR) the company, has successfully created a niche in the highly competitive lifestyle segment.