Greenply Industries reports 35% rise in Q3 net profit

Greenply Industries Ltd. | Wood & Wood Products | Construction & Infrastructure | BSE: 526797 | NSE: GREENPLY

20 Jan 2016 Evaluate

Greenply Industries has reported results for third quarter ended December 31, 2015.

The company has reported 35.25% rise in its net profit at Rs 35.34 crore for the quarter ended December 31, 2015 as compared to Rs 26.13 crore for the same quarter in the previous year. Total income from operations of company increased by 7.26% to Rs 421.88 crore for the quarter under review from Rs 393.33 crore for the corresponding quarter of the previous year.

Greenply Industries is engaged in manufacturing of plywood, laminates, decorative veneers, particle boards and prelam particle boards/MDF.

Peers

Company Name	CMP
Century Plyboards(I)	665.50
Greenply Industries	280.90
Greenpanel Inds.	159.05
Archidply Industries	103.70
Oriental Rail Infra	123.05
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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