Greenply Industries Q1 FY27 Revenue Jumps 20.7% YoY to ₹724.9 Cr
Greenply Industries Ltd. reported unaudited financial results for Q1 FY27, showcasing a robust 20.7% year-on-year increase in consolidated revenue to ₹724.9 crore. Core EBITDA also saw a significant 27.1% YoY rise to ₹78.3 crore, with margins at 10.8%. The Plywood business contributed ₹526.6 crore in revenue, up 16.0% YoY, with volumes growing 13.8%. The MDF business demonstrated exceptional growth, with revenue up 32.8% YoY to ₹195.7 crore and volumes increasing by 24.7%. The company's joint venture, Greenply Samet, also doubled its revenue. Greenply remains on track to achieve its full-year guidance, emphasizing sustainable growth and ecological responsibility through initiatives like 'One Sheet, One Tree'. Net profit for the quarter stood at ₹37.6 crore.
Key Highlights
- Consolidated revenue grew 20.7% YoY to ₹724.9 crore in Q1 FY27.
- Core EBITDA increased 27.1% YoY to ₹78.3 crore, with margins at 10.8%.
- Plywood revenue rose 16.0% YoY to ₹526.6 crore; MDF revenue surged 32.8% YoY to ₹195.7 crore.
- Plywood volumes grew 13.8% YoY, while MDF volumes increased 24.7% YoY.
- Net profit for the quarter was ₹37.6 crore.
Price Impact
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