Greenply Industries Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during its board meeting on April 28, 2026. For the quarter ending March 31, 2026, the company reported a standalone revenue from operations of ₹562.60 Crores, marking a 12.40% increase from the previous quarter’s ₹500.54 Crores and a 12.98% growth over the corresponding quarter of the previous year (₹497.95 Crores). Net profit for the period stood at ₹18.85 Crores, representing a 4.83% increase from the preceding quarter’s ₹17.98 Crores. However, when compared to the corresponding quarter of the previous year (₹24.95 Crores), the profit saw a decline of 24.45%.

Financial Result AnalysisQuarter-on-Quarter (QoQ) %Year-on-Year (YoY) %
Revenue from Operations12.40% Increase12.98% Increase
Net Profit for the Period4.83% Increase24.45% Decrease

Greenply Industries Limited is a leading player in the Indian interior infrastructure industry, primarily engaged in the manufacturing and sale of plywood and allied products. In addition to the financial results, the board approved the re-appointment of Ms. Vinita Bajoria as an Independent Director for a five-year term starting September 15, 2026. The company also noted the resignation of Mr. Manoj Tulsian from his roles as Joint Managing Director and CEO, effective April 30, 2026, though he will remain associated as an advisor. Furthermore, the board recommended a final dividend of ₹0.50 per equity share for the financial year 2025-26.

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