Greenply Industries Limited — Updates, 28-10-2024: Press Release

Greenply Industries Limited reported a consolidated revenue growth of 12.8% to Rs 640.5 crores for Q2 FY25, with a core EBITDA margin of 9.0%. The plywood segment saw a 7.5% revenue increase, while the MDF segment grew by 42.8%, despite challenges from a temporary plant shutdown. The company faced a net loss of Rs 5.6 crores, impacted by forex losses and share of losses from joint ventures. Positive outlook projected for the second half.