Greenply Industries suffers net loss of Rs 11 cr for Q1Fy21

New Delhi: Greenply Industries Ltd suffered a consolidated net loss of Rs 11 crore for the first quarter of the current fiscal as compared to a net profit of Rs 21 crore in the corresponding quarter of the previous fiscal.

The consolidated revenues from operations fell 62 percent to Rs 132 crore for the first quarter of the current fiscal as compared to Rs 349 crore in the corresponding quarter of the previous fiscal. 

The consolidated total expenses of the company declined to Rs 146 crore for the first quarter of the current fiscal as compared to Rs 319 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

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