Kolkata, October 29, 2026: Greenply Industries Limited reported a 16.1% year-on-year increase in consolidated revenue to ₹799.7 crore for the second quarter of FY27, according to the company’s latest financial results.
Consolidated core EBITDA for the quarter rose 57.2% year-on-year to ₹89.2 crore, with the margin improving to 11.2%. For the first half of FY27, consolidated revenue reached ₹1,524.6 crore, marking an 18.2% year-on-year growth, while net profit stood at ₹80.3 crore.
Plywood and MDF business performance
Revenue from the plywood business grew 15.5% year-on-year to ₹625.7 crore in Q2 FY27. The segment’s core EBITDA margin improved by 180 basis points to 10.05%. The MDF business posted revenue of ₹173.9 crore, up 18.4% year-on-year, with a core EBITDA margin of 15.2%.
Agroforestry initiative and carbon credits
Greenply Industries highlighted its agroforestry initiative across Gujarat and Nagaland, which has received 2,56,688 carbon credits and benefited more than 505 local farmers, the company said.
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