Greenply Industries experienced a significant 86.7% increase in consolidated net profit, reaching ₹31 crore in Q4 FY26, alongside a 19.6% rise in net sales to ₹776.25 crore. The profit before share of loss from equity-accounted investees rose to ₹65.61 crore from ₹46.09 crore in the same quarter last year, despite an exceptional loss of ₹15.2 crore. The company's core EBITDA improved to ₹93.2 crore, with a margin of 12.0%, reflecting a 330 basis points expansion from the previous quarter.

The plywood business saw revenue growth of 14.6% to ₹588.5 crore, driven by a 15.6% increase in volume. The MDF segment performed even better, with a 39.6% revenue increase to ₹189.4 crore, supported by a 45.3% volume growth. For the full fiscal year FY26, the company reported a 2.1% decline in net profit to ₹89.78 crore, despite a 10.1% increase in revenue from operations, totaling ₹2,739.04 crore.

Sanidhya Mittal, Joint Managing Director, expressed confidence in sustaining growth momentum, highlighting improvements in operational efficiency and market performance. The board has also recommended a final dividend of ₹0.50 per equity share, to be approved at the upcoming annual general meeting on August 25, 2026.