Greenply Industries Enterprises has reported results for third quarter ended December 31, 2012.
The company has posted about 2-fold growth its net profit at Rs 29.37 crore for the quarter as compared to Rs 14.09 crore for the same quarter in the previous year. Total income of the company has increased by 21.86% at Rs 510.18 crore for quarter under review as compared to Rs 418.65 crore for the quarter ended December 31, 2011.
Greenply Industries is engaged in manufacturing of plywood, laminates, decorative veneers, particle boards and prelam particle boards/MDF. The company has 28 branches across India with a strong dealer/distributor/sub-dealer/retailer network of over 9600 and a presence in over 300 cities.