Forest Products company Greenply Industries announced Q1FY26 results Consolidated Financial Highlights: Revenue at Rs 601 crore, grew by 2.9% on YoY basis Core EBITDA was Rs 62 crore, EBITDA margin of 10.3 % and a YoY growth of 6.4% PAT at Rs 28 crore. Segment Financial Highlights: Plywood Business – Q1FY26 Revenue Plywood & allied products at Rs 454 crore, grew by 0.4% on YoY basis Core EBITDA at Rs 36.0 crore: EBITDA margin of 7.9%. The margin improved on a YoY basis by 10 bps. Net profit was Rs 20.5 crore. MDF Business – Q1FY26 Revenue at Rs 147.3 crore grew by 11.7% on YoY basis. Core EBITDA without forex loss was Rs 25.6 crore; EBITDA margin at 17.4% as compared to 15.0% in Q4FY25. Net profit was Rs 8.0 crore. Greenply Samet JV – Q1FY26 Revenue at Rs 6.5 crore (100%) PAT loss of Rs 5.4 crore (50%) Manoj Tulsian, JMD & CEO, Greenply Industries, said “The growth in the plywood business for the first quarter was not as per our expectations as we continued to face demand and liquidity challenges, however we have seen a decent recovery starting July supported by easing monetary policy. Also, we remain confident towards the later part of the year supported by favorable industry tailwinds such as BIS Implementation and softening in timber prices. Our Plywood EBITDA Margin stood at 7.9% in Q1FY26 with an improvement in realization of 4.1% on YoY basis. In the MDF business, our margins stood at 17.4% in Q1FY26 with a volume growth of 8.5% YoY. we remain confident in meeting our double-digit Volume and 16+ margin guidance in FY26. We are also confident that our furniture fittings joint venture will deliver an encouraging revenue number in the upcoming year” Result PDF