ALPHA TRIBE

Greenply Industries LimitedImportant, 06-02-2025: Financial Result Updates

06-02-2025 | 04:27 pm

**Greenply Industries Limited Financial Summary**

**Consolidated Financials:** Greenply Industries Limited reported consolidated revenue from operations of ₹61,445.38 crore for the quarter ended 31st December 2024, a decrease of 4.50% year-over-year from ₹64,708.83 crore. The total income stood at ₹61,711.44 crore.

**Profit and EPS:** The consolidated profit for the period was ₹2,436.28 crore, down from ₹2,686.94 crore in the previous year. Basic earnings per share (EPS) are reported at ₹1.96.

**Operational Costs:** Total expenses amounted to ₹58,060.42 crore, reflecting a decline of approximately 5% year-over-year. Key cost drivers included a rise in the cost of materials consumed and employee benefits, partially offset by lower changes in inventory levels.

**Balance Sheet & Cash Flow Statement:** The consolidated total assets as of December 31, 2024, were reported at ₹1,82,607.18 crore, with total liabilities of ₹1,04,067.87 crore, reflecting a healthy balance sheet. The cash flow situation appears stable, supporting ongoing operational needs.

**Strategic Position and Outlook:** Greenply's strategic focus on cost management is evident as it navigates decreased revenues amid a competitive market landscape. The significant fall in operational costs underscores efforts in efficiency enhancement. Despite the headwinds, the company continues to dedicate resources towards market adaptability and innovation opportunities.

**Investor Insight:** Given the mixed performance on revenue and profitability alongside effective cost control measures, consider a **hold position** while monitoring market dynamics that may create future growth opportunities or further risks.

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