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    • Greenply Industries to explore demerger of its MDF division into Greenpanel Industries

      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.

    • See 8-10% revenue growth in FY17: Greenply Ind

      In an interview with CNBC-TV18, Shobhan Mittal, Joint MD of Greenply said that the plywood division is functioning at 116 percent and medium density fibreboard (MDF) is at 109 percent capacity.

    • 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.  

    • Sales growth of 20-25% likely in FY17: Rushil Decor

      Rushil Decor has two new plants coming in Southern India and production will come in within 2-3 years, says MD Krupesh Thakkar.

    • Capacity constraints to cap FY17 sales growth at 8-10%: Greenply

      Greenply Industries‘Joint MD Shobhan Mittal says weak demand conditions last year led to modest 6 percent YoY revenue growth for FY16.

    • 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.

    • Greenply cuts FY16 revenue growth guidance to 6-8%

      Shobhan Mittal, Joint MD Of Greenply Industries expects the company to rise by 100 basis points (bps) on the margins front this year.

    • 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.

    • Expect 10-12% revenue growth in FY16: Greenply Industries

      Shobhan Mittal, Joint MD, Greenply Industries, discusses company's performance for the fourth quarter and future outlook.

    • 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.

    • Expect FY14 growth to be in 12-15% range: Greenply

      Saurabh Mittal of Greenply expects the company to maintain about 13 percent kind of operating margin going ahead.

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