Greenply Industries Limited reported a strong set of financial results for the first quarter of FY27, driven by healthy demand, higher sales, and improved operational efficiency. The company’s revenue, operating profit, and net profit all recorded robust year-on-year growth, reflecting continued momentum in its core business.
Greenply Industries Revenue Crosses ₹724 Crore
Greenply Industries posted revenue of ₹724.89 crore in Q1 FY27, compared with ₹600.81 crore in the corresponding quarter last year, registering a 20.65% year-on-year (YoY) increase. On a sequential basis, revenue declined 4.13% from the previous quarter due to seasonal factors.
Greenply Industries Q1 FY27 Results: Revenue Surges 21%, Net Profit Jumps 32% on Strong Operational PerformanceEBITDA Rises Nearly 30%
The company’s EBITDA increased to ₹55.11 crore from ₹42.51 crore a year ago, marking a strong 29.64% YoY growth. Compared with Q4 FY26, EBITDA slipped 4.63%.
Greenply’s EBITDA margin improved to 7.60% from 7.08% in Q1 FY26, indicating better cost management and operational efficiency. Sequentially, the margin remained largely stable at 7.64%.
Strong Improvement in Profit Before Tax
Profit Before Tax (PBT) before exceptional items stood at ₹49.46 crore, up 55.78% YoY from ₹31.75 crore. However, it was 15.79% lower than the previous quarter.
The company did not report any exceptional items during the quarter. In comparison, Q1 FY26 included an exceptional gain of ₹4.43 crore, while Q4 FY26 recorded an exceptional loss of ₹15.16 crore.
As a result, reported PBT increased to ₹49.46 crore, compared with ₹36.18 crore in the year-ago period, reflecting 36.70% YoY growth and 12.86% QoQ improvement.
Net Profit Climbs 32%
Greenply reported Profit After Tax (PAT) of ₹37.51 crore, up from ₹28.42 crore in Q1 FY26, representing a 31.99% YoY increase. Sequentially, PAT rose 22.09%, highlighting improving profitability.
The company’s Earnings Per Share (EPS) increased to ₹3.01, compared with ₹2.28 in the same quarter last year and ₹2.48 in the previous quarter.
Key Highlights
Revenue: ₹724.89 crore (+20.65% YoY)
EBITDA: ₹55.11 crore (+29.64% YoY)
EBITDA Margin: 7.60%
PBT (Before Exceptional Items): ₹49.46 crore (+55.78% YoY)
Exceptional Items: Nil
Reported PBT: ₹49.46 crore (+36.70% YoY)
PAT: ₹37.51 crore (+31.99% YoY)
EPS: ₹3.01
Outlook
Greenply Industries has started FY27 on a positive note with double-digit revenue growth and a significant improvement in profitability. The absence of exceptional losses, along with stronger operating margins and higher earnings, reflects the company’s healthy business momentum.
Going forward, investors will closely watch demand in the housing and interior infrastructure sectors, raw material costs, and the company’s ability to sustain margin expansion in the coming quarters.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors should conduct their own research before making any investment decisions.
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