Greenply Q2 net profit soars over three-fold
Plywood maker Greenply Industries today reported over three-fold jump in standalone net profit at Rs 31.85 crore for the quarter ended September 30.
By PTI |
NEW DELHI: Plywood maker Greenply Industries today reported over three-fold jump in standalone net profit at Rs 31.85 crore for the quarter ended September 30.
The company had posted net profit of Rs 10.10 crore in the corresponding period last year, Greenply Industries said in a filing to the BSE.
The net income during the second quarter of the fiscal also increased by 25.19 per cent to Rs 517.80 crore, from Rs 413.60 crore in the year-ago period, it added.
The shares of the company were trading 6.70 per cent up at 289.05 apiece during afternoon trade.
The company had posted net profit of Rs 10.10 crore in the corresponding period last year, Greenply Industries said in a filing to the BSE.
The net income during the second quarter of the fiscal also increased by 25.19 per cent to Rs 517.80 crore, from Rs 413.60 crore in the year-ago period, it added.
The shares of the company were trading 6.70 per cent up at 289.05 apiece during afternoon trade.
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