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  • Greenply Q2 net down 26% to Rs 23.6 crore

    The company's profit suffered due to a challenging macro environment and rising timber prices, a company official stated.

  • Haryana wants reduction in GST on plywood, spare parts

    "As far as Haryana is concerned, there are two issues pertaining to the GST which are pending in the GST council. We are demanding tax rate on plywood be reduced from 28 per cent to 18 per cent," said state finance minister Capt Abhimanyu while talking to reporters here today.

  • Plywood industry hopeful of GST respite

    "The plywood, MDF and particle board industry is very hopeful that GST rate will be brought down to at least 18 per cent which is very high at 28 per cent," Federation of Indian Plywood and Panel Industry president Sajjan Bhajanka told PTI.

  • Cash ban a positive; see margins at 16-18% in Q4: Century Ply

    The company reported an increase in total income at Rs 456 crore in Q3FY17 vis-à-vis Rs 408 crore for the same quarter previous fiscal.

  • Century Plyboards Q2 net profit up 5% at Rs 49 crore

    Its net sales moved up by 4.31 percent to Rs 492.61 crore during the quarter under review as against Rs 472.22 crore in the corresponding period of the previous fiscal.

  • Uniply acquires Vector Projects for Rs 64 crore

    Uniply Industries Ltd, a leading plywood and laminate manufacturer, today announced the acquisition of 100 per cent equity in Vector Projects for a consideration of Rs 64.12 crore in a cash and share deal.

  • GST to benefit plywood, tiles and sanitaryware cos: ICICI Sec

    Riding close on the heels of the implementation of Goods and Services Tax, ICICI Securities expects it to be a game-changer for construction-related stocks.

  • Rushil Decor to expand MDF, laminates capacity

    In an interview with CNBC-TV18, Krupesh Thakkar, MD of Rushil Decor, discussed the company's business plans going forward.

  • 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.

  • Century Plyboard denies divesting stake in subsidiary

    In an interview to CNBC-TV18, Sanjay Agarwal, MD & CEO of Century Plyboard, said they haven‘t gone ahead with the divestment part yet but are “marketing their shares for the future”.

  • Century Plyboards up 10% as co turns profitable in Q3

    During the period, its net sales stood at Rs 276 crore. For the nine-month period (April to December 2013), profit rose four fold to Rs 38 crore.

  • Greenply Industries Q4 net doubles to Rs 34.97 cr

    Greenply's net sales rose to Rs 540.68 crore in the fourth quarter ended March 31, 2013, from Rs 458.37 crore in the year-ago period.

  • Greenply Q2 net profit soars over three-fold

    Plywood maker Greenply Industries today reported over three-fold jump in standalone net profit at Rs 31.85 crore for the quarter ended September 30. The company had posted net profit of Rs 10.10 crore in the corresponding period last year, Greenply Industries said in a filing to the BSE.

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