Earnings | Archidply Industries Ltd. (NSE: ARCHIDPLY): Q4FY23 Results Out; Total Income rises 20% YoY.

Archidply Industries Ltd. specializing in the manufacturing of plywood, laminates, wood panels, and surface decorating products, the company has made a name for itself in the industry. Notably, Archidply Industries Ltd. holds the credit for introducing the first Low Formaldehyde emission plywood in India. This innovation aligns with their commitment to producing environmentally friendly products. With a focus on quality and sustainability, the company continues to thrive in the market, offering a diverse range of reliable and eco-conscious solutions for the construction and interior design sectors.

• Archidply Industries Ltd. reported Total Income for Q4 FY23 of ₹114 Crore up from ₹95 Crore year on year, a growth of 20%.
• Total Expenses for Q4 FY23 of ₹110 Crore up from ₹91 Crore year on year, a growth of 21%.
• Consolidated Net Profit of ₹ 2.5 Crore, down 11% from ₹2.8 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹1.29, down 11% from ₹1.45 in the same quarter of the previous year.