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  • Greenply Industries to explore demerger of its MDF division into Greenpanel Industries Mar 22, 2018 11:47 AM IST

    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 Dec 07, 2017 01:57 PM IST

    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 Jun 22, 2017 01:58 PM IST

    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 Oct 24, 2016 04:23 PM IST

    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 Aug 10, 2016 03:20 PM IST

    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 Jun 06, 2016 02:20 PM IST

    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 Jun 06, 2016 02:08 PM IST

    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 May 24, 2016 03:37 PM IST

    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 May 12, 2016 11:47 AM IST

    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 Dec 04, 2015 02:00 PM IST

    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% Oct 28, 2015 03:48 PM IST

    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 Jul 15, 2015 03:31 PM IST

    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 May 26, 2015 05:09 PM IST

    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 Mar 18, 2015 04:07 PM IST

    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 Nov 26, 2014 10:40 AM IST

    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 Jul 23, 2013 04:21 PM IST

    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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