Started in 1976, under the name of Assam Timber Products Pvt Ltd, the company got listed as Archidply Industries Ltd. in 2007. The company manufactures plywood, laminates, wood panel and surface decorating products The company is credited for launching the first Low Formaldehyde emission plywood in India.
Financial Results:
Archidply Industries Ltd reported Revenues for Q1FY24 of ₹100.47 Crores up from ₹95.11 Crore year on year, a rise of 5.64%.
Total Expenses for Q1FY24 of ₹97.72 Crores up from ₹91.25 Crores year on year, a rise of 7.09%.
Consolidated Net Profit of ₹2.31 Crores down 47.38% from ₹4.39 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.16, down 47.51% from ₹2.21 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.