financetom
Retail
financetom
/
Retail
/
Will see at least 3-4% higher margin in laminates business, says Century Plyboards
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Will see at least 3-4% higher margin in laminates business, says Century Plyboards
Nov 12, 2018 5:28 AM

Century Plyboards is expecting at least 3-4 percent higher margin in laminates business this quarter, said Keshav Bhajanka, ED of the company, adding that the firm has seen a sharp increase in input costs for laminates.

However, he said, “Going forward I do not see this as a problem and alongside that we have taken a price increase as recently as on November 1st. So this quarter our margin should be looking far better."

According to Bhajanka, overall margin will improve in the second half of financial year 2019.

Talking about products, he said, “Going forward the trends in medium density fiberboards (MDFs) are also looking up, in fact October was highest selling month in MDF till date.”

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved