Century Plyboards (India) has reported a dip of 60.86 per cent in its net consolidated profit during the quarter ended June 30, 2024. Its profit after tax stood at Rs 34.10 crore in Q1 FY25 as against Rs 87.12 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company's net total income stood at Rs 1,013.77 crore in Q1 FY25, a growth of 12.25 per cent from Rs 903.15 crore it recorded in the similar quarter last year. During the quarter, the company has disposed off its entire investment in Century Ply (Singapore), a foreign subsidiary, for cash consideration of Rs Rs 766.06 lakh against carrying value of such investment of Rs 775.73 lakh (net of accumulated impairment of Rs 6,523.27 lakh).
