In the quarter under review, the company also reported a 9.5 percent YoY rise in its revenue from operations at Rs 515.2 crore for Q1FY24 as compared to Rs 470.6 crore in Q1FY23.
The laminates and decorative veneers manufacturer has reported a 109.59 percent YoY growth in net profit at Rs 54.32 crore for Q4FY23.
Its revenue from operations during the quarter under review was at Rs 289.31 crore, down 17.10 percent as against Rs 348.99 crore in the corresponding quarter.