Greenply Industries Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Greenply Industries reported a consolidated revenue of INR 640 crores for Q2 FY25, marking a 12.8% year-on-year growth. EBITDA grew by 19.6%, resulting in an EBITDA margin of 9%. Despite a net profit after tax of INR 18 crores, losses from currency fluctuations and joint ventures impacted earnings. The company aims for a full-year plywood growth of 8-10% and a 50% growth in MDF revenue, with operational efficiencies expected to improve margins in H2 FY25.