{"id":156755,"date":"2023-11-28T08:08:42","date_gmt":"2023-11-28T13:08:42","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156755"},"modified":"2023-11-28T08:08:43","modified_gmt":"2023-11-28T13:08:43","slug":"greenply-industries-ltd-q2fy24-42-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/greenply-industries-ltd-q2fy24-42-fall-in-profits\/","title":{"rendered":"Greenply Industries Ltd Q2FY24; 42% fall in Profits"},"content":{"rendered":"<p>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.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>Greenply Industries Ltd reported Revenues for Q2FY24 of \u20b9608.00 Crores up from \u20b9495.00 Crore year on year, a rise of 22.83%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b9591.00 Crores up from \u20b9463.00 Crores year on year, a rise of 27.65%.<\/li>\n<li>Consolidated Net Profit of \u20b914.00 Crores down 41.67% from \u20b924.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b91.13, down 41.15% from \u20b91.92 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-351-839x1024.png\" alt=\"\" class=\"wp-image-156756\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-351-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-351-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-351-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-351-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-351.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 Q2FY24 of \u20b9608.00 Crores up [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[11659],"class_list":["post-156755","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-plywood"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":149825,"url":"https:\/\/alphastreet.com\/india\/greenply-industries-ltd-q1-fy24-96-fall-in-profits\/","url_meta":{"origin":156755,"position":0},"title":"Greenply Industries Ltd Q1 FY24; 96% fall in Profits","author":"Hardik Bhandare","date":"July 25, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-201.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-201.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-201.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-201.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-201.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-201.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164707,"url":"https:\/\/alphastreet.com\/india\/greenply-industries-ltd-q1fy25-3200-rise-in-profits\/","url_meta":{"origin":156755,"position":1},"title":"Greenply Industries Ltd Q1FY25; 3200% rise in Profits","author":"Divyansh_Kasana","date":"October 7, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-31.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-31.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-31.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-31.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-31.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-31.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154772,"url":"https:\/\/alphastreet.com\/india\/greenply-industries-investments-sustainability-outlook-for-fy24\/","url_meta":{"origin":156755,"position":2},"title":"Greenply Industries: Investments, Sustainability &#038; Outlook For FY24","author":"Hardik Bhandare","date":"October 5, 2023","format":false,"excerpt":"\u201cDuring the quarter, MDF business clocked sales of INR18.1 crores with a net loss of INR14.8 crores. Since these are our first few days of operations, the financial performance does not reflect to the true potential of the business. We expect the financial performance to subsequently improve from here on.\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-1-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-1-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-1-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-1-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-1-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-1-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":128303,"url":"https:\/\/alphastreet.com\/india\/greenply-industries-ltd-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":156755,"position":3},"title":"Greenply Industries Ltd Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"March 18, 2022","format":false,"excerpt":"https:\/\/youtu.be\/uV8VlPco-GM Key highlights from Greenply Industries Ltd (GREENPLY) Q3 FY22 Earnings Concall \u00a0Q&A Highlights: Achal Lohade from JM Financial asked about industry volume growth. Manoj Tulsian CEO replied that it\u2019s hard to say, but as the company is looking at it, there is too much opportunity for organized players when\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":156193,"url":"https:\/\/alphastreet.com\/india\/greenpanel-industries-ltd-q2fy24-43-fall-in-profits\/","url_meta":{"origin":156755,"position":4},"title":"Greenpanel Industries Ltd Q2FY24; 43% fall in Profits","author":"Hardik Bhandare","date":"November 14, 2023","format":false,"excerpt":"Greenpanel Industries Limited is engaged in the manufacturing of plywood, medium density fibre boards (MDF) and allied products. Financial Results: Greenpanel Industries Ltd reported Revenues for Q2FY24 of \u20b9399.00 Crores down from \u20b9457.00 Crore year on year, a fall of 12.69%. Total Expenses for Q2FY24 of \u20b9350.00 Crores down from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-178.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-178.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-178.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-178.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-178.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-178.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156938,"url":"https:\/\/alphastreet.com\/india\/century-plyboards-india-ltd-q2fy24-3-rise-in-profits\/","url_meta":{"origin":156755,"position":5},"title":"Century Plyboards (India) Ltd Q2FY24; 3% rise in Profits","author":"Divyansh_Kasana","date":"November 30, 2023","format":false,"excerpt":"Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fibre (MDF), particle board and allied products. Financial Results: Century Plyboards (India) Ltd reported Revenues for Q2FY24 of \u20b9997.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-425.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-425.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-425.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-425.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-425.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-425.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=156755"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156755\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=156755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=156755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=156755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}