Greenpanel Industries Limited reported Q2 FY27 revenue of INR407 crore, up 4.6% year-on-year, as retail MDF sales hit a record and total volume degrew 3.4%. Operating EBITDA margin fell to 7.5%.

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Good day, everyone, and thank you for joining us on Greenpanel Industries Q2 and H1 FY27 Earnings Conference Call. The retail MDF sales made during Q2FY27 were the highest ever for Greenpanel in a single quarter. Consequent to the late recovery in OEM sales and export sales remaining neutral due to the geopolitical situation and sea freight challenges, despite retail sales growing 17% year-on-year, the total volume degrew by 3.4%, while sequentially versus quarter 1 growth was 23%. Plywood sales also remained strong, growing 8.4% year-on-year, while sequentially the growth was 16.5% versus quarter 1. The total revenue for Q2 FY27 was INR407 crore, which implies growth of 4.6% versus last year and 16.4% sequentially over Q1 FY27. As a result of this, the consolidated operating EBITDA margin for the quarter was 7.5% versus 9.6% in Q1FY27 and 10.2% last year. Open the document at this passage

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