Kolkata, July 24: Greenply Industries Limited, India’s manufacturer of Plywood, MDF and allied products has announced its financial results for the quarter ended June 30, 2026. The key financial highlights are as follows:
Plywood Business – Q1 FY27
• Revenue from Plywood & allied products was Rs 526.6 crores, a 16.0% increase on y-o-y basis.
• Realization per SQM was Rs 265.
• Core EBITDA was Rs 44.5 crores with a core EBITDA margin of 8.4% as against 7.9%,a 50 bps increase on a Y-O-Y basis
• Net profit was Rs 26.6 crores.
MDF Business – Q1 FY27
• Revenue from MDF business was Rs 195.7 crores, an 32.8% increase on y-o-y basis.
• Realization per CBM was Rs 33,525.
• Core EBITDA without forex loss was Rs 33.9 crores with a core EBITDA margin of 17.3%.
• Net profit was Rs 16.8 crores.
Greenply Samet JV – Q1 FY27
• Total revenue was Rs 13.61 crores (100%)
• Share of PAT loss was Rs 5.7 Crs (50%)
Consolidated – Q1 FY27
• Revenue was Rs 724.9 crores, a 20.7% increase on y-o-y basis.
• Core EBITDA was Rs 78.3 crores with an EBITDA margin of 10.8%.
• Net Profit was Rs 37.6 crore.
Commenting on the performance for Q1 FY27, Mr. Sanidhya Mittal, JMD, Greenply Industries Ltd. Said
“Greenply remains firmly on track to achieve its full-year guidance, backed by a robust 20.7% year-on year growth in consolidated revenue, our Plywood business continues to exhibit healthy volume momentum, while our MDF segment delivered an exceptional 32.8% increase in revenue.
True progress, however, must be sustainable. With the launch of our permanent ‘One Sheet, One Tree’ initiative, we are embedding ecological responsibility directly into our supply chain. For every plywood sheet supplied across India, we plant a tree, ensuring our corporate footprint fosters a greener, more resilient India as we continue to scale.
Our joint venture, Greenply Samet doubled its revenue from the corresponding quarter last year and we are confident that this business will witness significant growth in this year, supported by expanding market presence and improving customer acceptance.”