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Greenply Industries Ltd Q1 FY24; 96% fall in Profits

Established in 1990, Greenply Industries Limited is amongst the leading plywood manufacturers in India with a 26% share of the organized market. Greenply offers a wide range of panel products including plywood, block boards, decorative veneers, doors, and film-faced plywood, among others.

Financial Results:

  • Greenply Industries Ltd reported Revenues for Q1 FY24 of ₹476.14 Crores up from ₹453.54 Crore year on year, a rise of 4.98%.
  • Total Expenses for Q1 FY24 of ₹472.94 Crores up from ₹426.76 Crores year on year, a rise of 10.82%.
  • Consolidated Net Profit of ₹0.82 Crores down 96.04% from ₹20.73 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.07, down 95.86% from ₹1.69 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: plywood
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