It is foraying into the MDF boards business with greenfield manufacturing set-up at Vadodara, Gujarat of 800 CBM/day (capex of ~| 555 crore) with revenue potential of ~| 600-650 crore per annum at its peak utilisation Q2FY22 Results: GIL reported a strong Q2FY22 performance on favourable base. Topline at | 432.4 crore, was up 46.3% YoY on a benign base (Q2FY21 had ~ 22% YoY decline). It was driven by 57.8% growth in plywood revenues...