Century Plyboards Sees Pre-Pandemic Sales Level as Villagers Buy
A worker nails down a plywood on a new home.
Photographer: Mike Mergen/Bloomberg
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Century Plyboards India Ltd., the country’s largest seller of plywood, is seeing sales revive toward levels seen last year as villagers build their homes.
The Kolkata-based company estimates July-September revenue will be as much as 75% of that earned during the same period in 2019, and may completely recover by March, Executive Director Keshav Bhajanka said by phone. He declined to predict when growth will resume.