Net profit of Greenply Industries declined 25.44% to Rs 26.87 crore in the quarter ended December 2023 as against Rs 36.04 crore during the previous quarter ended December 2022. Sales rose 44.99% to Rs 620.83 crore in the quarter ended December 2023 as against Rs 428.19 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales620.83428.19 45 OPM %9.127.09 - PBDT44.8527.23 65 PBT27.6417.59 57 NP26.8736.04 -25 Powered by Capital Market - Live News

Greenply Industries will hold a meeting of the Board of Directors of the Company on 1 February 2024.Powered by Capital Market - Live News

The Board of Greenply Industries at its meeting held on 26 December 2023 has approved the appointment of Braja Narayan Mohanty (DIN-01978290) as an Independent Director of the Company, subject to the approval of the members of the Company.Powered by Capital Market - Live News

The Board of Greenply Industries at its meeting held on 26 December 2023 has approved transfer of 51% stake and cessation of controlling interest held in Greenply Middle East (GMEL), Dubai, a Wholly Owned Material Subsidiary, to Investor Group formed by Indraneel Bhan and Sudeep Jain, subject to the approval of the members of the Company and other necessary approvals, as may be required. Consequent to the above, Greenply Middle East (GMEL), Dubai will cease as the subsidiary of the Company. The transaction is expected to be completed by end of April 2024 for a consideration of USD 1,573,836. Powered by Capital Market - Live News

Net profit of Greenply Industries declined 41.03% to Rs 13.91 crore in the quarter ended September 2023 as against Rs 23.59 crore during the previous quarter ended September 2022. Sales rose 22.84% to Rs 607.73 crore in the quarter ended September 2023 as against Rs 494.75 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales607.73494.75 23 OPM %8.429.60 - PBDT37.0441.62 -11 PBT20.8732.74 -36 NP13.9123.59 -41 Powered by Capital Market - Live News