- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Greenply Industries reported Q3 FY26 consolidated revenue of ₹673.4 Cr, up 9.6% YoY, driven by strong volumes in both Plywood (+12.5%) and MDF (+14.5%) segments. Core EBITDA rose 9.0% to ₹58.9 Cr. However, PAT saw a decline of 41.2% to ₹14.3 Cr, largely due to a higher share of loss from its furniture hardware JV (Greenply Samet) and a one-time impact from new labor laws.
The company is focusing on strategic initiatives like expanding its product portfolio and manufacturing base, including a new plywood facility in Odisha. The Greenply Samet JV reported ₹13.38 Cr revenue but contributed a ₹7.7 Cr loss (GIL's 50% share). The company maintains a net D/E of 0.61. Management is adopting a multi-pronged approach to leverage market opportunities.