Rushil Decor’s revenue from sales increased by 8% to Rs 92.5 crore in the quarter ended December 31, 2020 from Rs 86 crore in corresponding period last year. The company’s net profit decreased from Rs 9.34 crore to Rs 5.33 crore. On sequential basis in three months the company has reported total income of Rs.93.26 crores during the period ended December 31, 2020 as compared to Rs.95.35 crores during the period ended September 30, 2020. In corresponding period in last three months the net profit is Rs.5.33 crore as against Rs.6.81 crore for the period ended September 30, 2020.
For the nine months period the company has reported total income of Rs.238.07 crores this year to Rs.261.20 crores during the 9 months period ended December 31, 2019. MDF and Decorative Laminate manufacturing company Rushil Décor has also witnessed sharp jump in stock prices from November 20 at Rs 90 to around Rs 200 on January 21.
In south India, the new big capacity MDF plant of Rushil Decor has started its production. Rushil Décor dealers are upbeat with this capacity addition because that will facilitate them with better and smooth availability of materials.