Greenply Industries Limited (BOM:526797)
India
· Delayed Price · Currency is INR 301.40
-6.25 (-2.03%)
At close: May 20, 2025
Greenply Industries Employees
Greenply Industries had 2,612 employees as of March 31, 2024. The number of employees increased by 16 or 0.62% compared to the previous year.
Employees
2,612
Change (1Y)
16
Growth (1Y)
0.62%
Revenue / Employee
9.52M INR
Profits / Employee
350.81K INR
Market Cap
38.92B
Employees Chart
Employees History
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Greenply Industries News
- 25 days ago - Greenply Industries share price jumps 3% as Q4 EBITDA rises to 18.20% YoY to Rs 68 crore - Business Upturn
- 6 weeks ago - Greenply Industries installs India’s first EvoFuge 360 Steam Recovery System at Vadodara MDF plant - Business Upturn
- 3 months ago - Greenply Industries Q3 FY25 Here’s a news article based on the financial results of Greenply Industries Limited for Q3 FY2024-25: — # Greenply Industries reports ₹2,435.40 lakh profit in Q3 FY2024-25, revenue slightly dips **Kolkata, February 6, 2025** – Greenply Industries Limited has announced its unaudited financial results for the quarter and nine months ending December 31, 2024. The company reported a net profit of ₹2,435.40 lakh in Q3 FY2024-25, marking a slight decline from ₹2,616.74 lakh in the previous quarter. ### **Key Financial Highlights (Standalone)** – **Revenue from operations**: ₹46,229.39 lakh, down from ₹50,177.88 lakh in Q2 FY2024-25. – **Total income**: ₹47,501.01 lakh, reflecting a marginal drop from ₹51,336.11 lakh in the previous quarter. – **Profit before tax**: ₹3,247.06 lakh, compared to ₹3,519.45 lakh in Q2 FY2024-25. – **Total expenses**: ₹44,253.95 lakh, down from ₹47,816.66 lakh in the preceding quarter. – **Earnings per share (Basic)**: ₹1.96 (compared to ₹2.11 in Q2 FY2024-25). Despite the revenue contraction, the company managed to maintain profitability, attributed to cost control measures and stable demand for its plywood and allied products. ### **Consolidated Financial Performance** On a consolidated basis, the company’s revenue from operations stood at ₹61,445.38 lakh, down from ₹64,047.76 lakh in Q2 FY2024-25. However, profit from continuing operations grew to ₹2,436.28 lakh, up from ₹1,756.23 lakh in the previous quarter. ### **Strategic Developments** – **Investment in Renewable Energy**: The company acquired a 26% stake in Clean Max Delirio Private Limited to develop a hybrid (solar and wind) captive power generation facility in Gujarat. – **Regulatory Compliance**: Greenply addressed a regulatory issue concerning an INR 5,500 lakh bank guarantee for its joint venture, Greenply Samet Private Limited, obtaining necessary shareholder approval in Q2 FY2024-25. – **Tax Refund Impact**: The company received a refund of ₹2,574.94 lakh (including ₹786.70 lakh in interest) from the tax authorities, with 50% of the amount to be shared with Greenpanel Industries Limited as per a prior demerger agreement. ### **Market Outlook** While the company witnessed a slight revenue decline in Q3, its long-term outlook remains stable, supported by strategic investments and cost optimization measures. The full financial results are available on Greenply Industries’ official website. — Would you like me to add a disclaimer or any other specific details?results: Net profit down 6.9% QoQ to ₹2,435.40 lakh, revenue declines 7.9% to ₹46,229.39 lakh - Business Upturn
- 5 months ago - Greenply Industries resumes manufacturing operations at Gujarat MDF plant - Business Upturn
- 5 months ago - Greenply Industries shares drop over 2% after company shuts down MDF plant in Gujarat - Business Upturn