*Greenply Industries Ltd.* | *CMP* Rs. 247 | *M Cap* Rs. 3029 Cr | *52 W H/L* 247/78
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 432.4 Cr (65.8% QoQ, 46.3% YoY) vs QoQ Rs. 260.8 Cr, YoY Rs. 295.5 Cr
EBIDTA came at Rs. 49.7 Cr (276.2% QoQ, 53.6% YoY) vs QoQ Rs. 13.2 Cr, YoY Rs. 32.3 Cr
EBITDA Margin came at 11.5% vs QoQ 5.1%, YoY 10.9%
Adj. PAT came at Rs. 31.9 Cr vs QoQ Rs. 4 Cr, YoY Rs. 18.6 Cr
Quarter EPS is Rs. 2.6
Share is trading at P/E of 23.8x FY23E EPS