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Greenply Q1 Results Review - Robust Performance On Higher Share Of Value-Added-Products: IDBI Capital

The company aims to incur capex of Rs 700 mn on in-house resin capacity, acquiring machines for VAP, maintenance capex in FY25 while maintaining net debt levels at Rs 4.5 billion, adds the brokerage.

<div class="paragraphs"><p>Decorative veneers manufactured by Greenply Industries Ltd. (Source: Company website).</p></div>
Decorative veneers manufactured by Greenply Industries Ltd. (Source: Company website).
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