Century Plyboards aims at sharp revenue jump in laminates business
"At present, our revenue from laminates is Rs 400 crore but with the recent expansion, the capacity will be raised to 6.8 million sheets a year by January 2019 and revenue will jump to about Rs 600 crore," Bhajanka told PTI.
The company had doubled its annual laminate production to 4.8 million sheets in 2013-14.
The laminates segment accounts for about 20 percent of the company's total revenue, but over the next one year, its share is likely to go up, he said.
In 2017-18, Century Ply's net sales were nearly Rs 2,000 crore.