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Net profit Of Greenply Industries Rises By 39%

Another company that is doing good in this fiscal is the Greenply Industries where it was able to gain a net profit rose of 38.68 per cent for the quarter that ended June 30, 2012. The reason for this increase was their improved performance on new medium density fibreboards and laminate units at Himachal Pradesh and Uttarakhand.

Greenply Logo

Greenply Industries

Last year, on the same period, the company was able to have a profit of Rs 12.95 crore and today it rose to Rs 17.96 crore. Currently, the company offers different services like decorative laminate, plywood, decorative veneers and others. They are doing their business for everyone across the country.

It would not be a surprise that the company would be doing well in the industry since their products are quite in demand these days. Also, they are among the companies that take pride on the products that they create that are why a lot of people are patronizing their product.

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