Q4FY21 Company Update - Greenply Industries - ICICI Direct

Greenply Industries (GIL) reported robust growth, albeit on a benign base (~12% YoY decline in Q4FY20). The topline at Rs. 396.7 crore was up 15.1% YoY driven by 20.9% growth in plywood revenues at Rs. 359.4 crore. EBITDA margins expanded 279 bps YoY to 11.5%, owing to cost rationalisation and operating leverage benefits. PAT was at Rs. 28.6 crore vs. loss in the base quarter owing to one-time exceptional hit of ~Rs. 50 crore (reversal of excise duty benefit on retrospective basis due to Supreme Court ruling).

For details, click on the link below: Link to the report

Shares of GREENPLY INDUSTRIES LTD. was last trading in BSE at Rs.209.9 as compared to the previous close of Rs. 215.45. The total number of shares traded during the day was 43890 in over 1148 trades.

The stock hit an intraday high of Rs. 218.8 and intraday low of 209.3. The net turnover during the day was Rs. 9259832.

Source : Equity Bulls

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