Century Plyboards net profit up by 42 per cent

Kolkata, Sun 30 (UNI) Leading plywood veneer and laminates manufacturer Century Plyboards (I) Limited posted a 42 per cent jump in net profit at Rs. 11.04 crore in 2005-06 from 7.77 crore in the previous year as the company announced its unaudited financial results for the year ended March 31, 2006.

The turnover of the comopany for the year stood at Rs. 27.02 crore compared to Rs. 16.70 crore last year registering a 62 per cent increase.

After providing for depreciation of Rs. 3.35 crore this year, the profit before tax was 13.61 crore as against Rs 9.47 crore last year showing an increase of approximately 44 per cent.

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