Greenply Industries Q2 Net up 39% to Rs 37.03 crore

Plywood maker Greenply Industries today reported 39.63 per cent increase in its standalone net profit to Rs 37.03 crore for the second quarter ended September 2014.
The company had posted a standalone net profit of Rs 26.52 crore in the corresponding period last year, Greenply Industries said in a filing to the BSE.
Total income from operations during July-September quarter increased by 6.74 per cent to Rs 623.41 crore from Rs 584.03 crore in the year-ago period, it added.
For the first half of 2014-15 fiscal, the company's standalone net profit also increased 37.01 per cent to Rs 67.26 crore as against Rs 49.09 crore in the corresponding period.

Total income from operations in the first half increased 7.10 per cent to Rs 1,140.50 crore from Rs 1,064.82 crore in the same period last year.