Greenply Industries

Greenply Industries Q1 net profit rises sharply

greenplyGreenply Industries Ltd, an interior infrastructure company and also the leading producer of laminates and plywood in India, posted a sharp rise in net profit at Rs 10.92 crore for the first-quarter of the current fiscal, as compared to a net profit of Rs 6.96 crore in the same period last year.

The surge in profit comes in spite of a stagnant gross sales income in the first quarter at Rs 197.43 crore.