Forest Products company Greenply Industries announced Q2FY26 results Q2FY26 Consolidated revenue at Rs 688.6 crore, a growth of 7.5% YoY. Plywood Business volume grew by 7.2% YoY in Q2FY26: Core EBITDA margin at 8.2%. MDF Revenue of Rs 146.8 crore; Core EBITDA margin at 8.3%. Manoj Tulsian, JMD & CEO, Greenply Industries, said: “We have witnessed demand recovery in the plywood segment starting from Q2FY26 and we remain optimistic about sustaining this positive momentum through the second half of the year. We aspire to achieve our guidance of double-digit volume growth in H2FY26 in plywood segment supported by the recovery trend that gained traction from Q2FY26, and margins would be better in H2 compared to H1FY26. In our MDF business, we successfully expanded our manufacturing capacity from 800 CBM per day to 1,000 CBM per day. Production during the quarter was temporarily impacted due to the expansionrelated shutdown, resulting in lower-than-expected sales and moderate margins of 8.3% in Q2FY26. With operations now fully normalized, we are confident of a strong rebound in the second half and expect to return to double-digit margin levels as well as volume growth consistent with our earlier guidance. Our JV Greenply Samet revenue is ramping up well witnessing a QoQ growth of 74%, achieving revenues of Rs 11.3 crore during this quarter.” Result PDF