Century Plyboards (India) Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Century Plyboards (India) Ltd reported a 3.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 20.7%.
- Its expenses for the quarter were down by 5.4% QoQ and up 23.2% YoY.
- The net profit increased 47.1% QoQ and decreased 6.1% YoY.
- The earnings per share (EPS) of Century Plyboards (India) Ltd stood at 2.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1142.80 | 1181.16 | 946.71 | -3.2% | 20.7% |
Total Expenses | 1062.87 | 1123.13 | 862.54 | -5.4% | 23.2% |
Profit Before Tax | 79.93 | 58.04 | 84.16 | 37.7% | -5.0% |
Tax | 21.09 | 18.05 | 21.50 | 16.8% | -1.9% |
Profit After Tax | 58.83 | 39.98 | 62.66 | 47.1% | -6.1% |
Earnings Per Share | 2.60 | 1.80 | 2.80 | 44.4% | -7.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Century Plyboards (India) Ltd is a leading manufacturer and seller of plywood, laminates, and other wood-based products. The company operates in the construction materials industry, catering to both domestic and international markets. Century Plyboards holds a significant market share in India, known for its commitment to quality and innovation in product offerings. The company has been focusing on expanding its product range, enhancing production capabilities, and strengthening its distribution network. Major developments for Century Plyboards involve continuous investments in technology to improve operational efficiency and environmental sustainability.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Century Plyboards reported a total income of ₹1,142.80 crores, compared to ₹1,181.16 crores in the previous quarter (Q2FY25) and ₹946.71 crores in the same quarter last year (Q3FY24). This reflects a quarter-over-quarter (QoQ) decrease of 3.2% and a year-over-year (YoY) increase of 20.7%. The revenue growth on a YoY basis indicates a robust demand for the company's products, while the QoQ decline may reflect seasonal variations or other short-term factors affecting sales.
Profitability
For Q3FY25, Century Plyboards registered a profit before tax of ₹79.93 crores, up from ₹58.04 crores in Q2FY25 but slightly down from ₹84.16 crores in Q3FY24. This indicates a QoQ increase of 37.7% and a YoY decrease of 5.0%. The profit after tax for the quarter was ₹58.83 crores, representing a significant QoQ improvement of 47.1% but a YoY reduction of 6.1%. Earnings per share (EPS) for the quarter stood at ₹2.60, increasing by 44.4% from the previous quarter, yet showing a decline of 7.1% compared to the same quarter last year.
Operating Metrics
Total expenses for Century Plyboards in Q3FY25 were ₹1,062.87 crores, showing a decrease of 5.4% from Q2FY25, where expenses were ₹1,123.13 crores. Compared to Q3FY24, total expenses increased by 23.2% from ₹862.54 crores, pointing to higher cost structures or increased operational activities. The company's tax expense for Q3FY25 was ₹21.09 crores, reflecting a 16.8% increase QoQ and a slight YoY decrease of 1.9%. The financial data highlights the company's ability to manage its expenses effectively in the short term while facing challenges in maintaining profitability levels compared to the previous year.
