Greenply Industries’ board gave its approval for the demerger of company's MDF division into Greenpanel Industries. In an interview to CNBC-TV18, V Venkatramani, CFO of the company spoke about the latest happenings in his company and sector.

Plywood margin can move to 11.5-12% going ahead: Greenply Industries

We are doubling our capacity in decorative veneers with a new plant in Gujarat, V Venkatramani, CFO of Greenply Industries said.

Expect 50-60 bps improvement in margin in FY18: Greenply Industries

In an interview to CNBC-TV18, Shobhan Mittal, Joint MD of Greenply Industries spoke about the goods and services tax (GST) and their plans in the medium density fiberboard (MDF) segment.

Will raise Rs 50 crore via QIP: Greenply Industries

In an interview to CNBC-TV18, Shobhan Mittal, Joint MD of Greenply Industries spoke about raising fund via qualified institutional placement (QIP) and the plan ahead.

Total revenue growth to be around 6-7% in FY17: Greenply Ind

The company will grow 12-15 percent both in volumes and revenues in medium-density fibreboard (MDF) for FY17, says Shobhan Mittal, Joint MD, Greenply Industries.  

Will increase capacity utilisation to 115%: Greenply Industries

The company will increase capacity utilisation to 115 percent from 100 percent with product mix and better products, says Shobhan Mittal, Joint MD, Greenply Industries.

Expect better PAT performance in 2HFY16: Greenply Ind

V Venkatramani, CFO, Greenply Industries, says the current capacity utilisation is 95 percent and margins would improve by 250 basis points as utilisation levels improve.

See 10-12% revenue growth in FY16: Greenply

In an interview with CNBC-TV18, Shobhan Mittal, joint Managing Director of Greenply, said despite slow demand in FY16Q1, revenue is expected to grow 10-12 percent year-on-year.

To launch natural veneer; targeting Rs 35cr rev: Greenply

In an interview with CNBC-TV18‘s Mangalam Maloo and Reema Tendulkar, Shobhan Mittal - Joint Managing Director of Greenply Industries, said the company will launch a natural veneer, which should help the company earn total revenues of about Rs 35 crore in the next fiscal.

Expect Greenlam to be listed by Feb 2015: Greenply Ind

With 26 percent market share in organised market business, V Venkataramani, CFO, Greenply Industries anticipates Greemlam Industries to be listed by February 2015.