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IDBI Capital Report
Century Plyboards India Ltd.'s Q3 FY22 result was a strong beat led by sharp rise in sales across all its business verticals. Its net sales jumped 30% YoY to Rs 8.4 billion on account of higher sales with from plywood, medium density fibre and laminates segments.
Moreover, particle boards and others segments also witnessed a topline growth of 60% YoY and 32% YoY respectively.
Overall, Century Plyboards' Ebitda increased by 24% YoY to Rs 1.5 billion although Ebitda margin fell by 74 basis points YoY and 201 bps QoQ to 17.9% due to high input cost and other expenses.
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