Q4FY17 Results: Greenply Industries Ltd
Amir Shaikh / 29 May 2017
Greenply Industries reported its results for the quarter ended March 31, 2017, on Monday.
Greenply Industries reported its results for the quarter ended March 31, 2017, on Monday.
The company's total sales for Q4FY17 came in at Rs 446.6 crore, which represents a 24.5 per cent sequential increase and 0.33 per cent YoY decline.
Its operating profit (EBIT) for the quarter was Rs 59.2 crore and its EBIT margin stood at 13.3 per cent.
The company reported PAT of Rs 41.9 crore, which represents a sequential QoQ increase of 74.4 per cent and a YoY increase of 0.48 per cent.
The board of directors has recommended a final dividend of Rs 0.6 per equity share (Face value: Re 1)
The stocked opened at Rs 291.10 and closed at Rs. 276, a decline of 5.46 per cent.
Greenply Industries Limited is an interior infrastructure company. The company is engaged in the business of manufacturing plywood and allied products, medium density fiberboards (MDF) and allied products through its factories at various locations.
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