Kolkata, May 22 (PTI) Century Plyboards (India) Limited on Friday reported a 48.8 per cent rise in consolidated net profit to Rs 79.4 crore for the quarter ended March of FY25-26, aided by strong growth across plywood, laminates and MDF segments.
The company had posted a consolidated net profit of Rs 53.2 crore in the corresponding quarter of the previous financial year.
Consolidated revenue from operations during the January-March quarter grew 24.5 per cent to Rs 1,492.2 crore, compared with Rs 1,198.3 crore in the year-ago period.
For the full financial year 2025-26, consolidated net profit rose 44.2 per cent to Rs 268.3 crore from Rs 186.1 crore in FY25, while revenue from operations increased 19.2 per cent to Rs 5,397.2 crore against Rs 4,527.8 crore in the previous fiscal, the company informed bourses.
The plywood and allied products segment remained the largest contributor, with quarterly revenue rising to Rs 791.1 crore from Rs 670.7 crore a year ago.
The Medium-Density Fiberboard (MDF) segment revenue increased to Rs 356.3 crore from Rs 270.9 crore, while laminate and allied products revenue stood at Rs 198.4 crore against Rs 170.4 crore in the corresponding quarter last fiscal.
The laminate business turned profitable during the quarter, posting a segment profit of Rs 17.4 crore against a loss of Rs 4.9 crore a year ago, while MDF segment profit rose to Rs 22.8 crore from Rs 15.3 crore. The particle board segment, however, continued to remain under pressure.
The company said the group recognised an exceptional expense of Rs 7.68 crore during FY26 on account of the implementation of the new labour codes.
It also reported sizeable foreign exchange fluctuation-related costs during the year.
Chairman Sajjan Bhajanka said the Q4 performance reflected steady improvement supported by healthy demand, higher volumes and better capacity utilisation across key segments.
“Plywood continued to perform strongly, while our newer MDF and particle board capacities began contributing more meaningfully as utilisation improved,” he said in a statement.
Executive Director Keshav Bhajanka said the company made progress in capacity expansion, cost optimisation and portfolio strengthening during the year, adding that commissioning of new facilities and stabilisation of recent investments were beginning to translate into operating leverage.
The board recommended a final dividend of Re 1 per equity share of face value Re 1 each for FY26, subject to shareholders’ approval at the ensuing annual general meeting. PTI BSM MNB
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