Duroply Posts Strong Q2 Growth With Higher Margins And Profitability

18 Nov 2025 CW Team

Duroply Industries Limited, one of India’s most experienced plywood manufacturers, has reported a strong financial performance for the second quarter and half year ended 30 September 2025, reflecting sustained demand, improved margins and continued operational discipline.

Q2 FY26 Financial Performance

Sales for Q2 FY26 rose 15.1 per cent to Rs 1,044.9 million, compared with Rs 908.1 million in Q2 FY25, supported by broad-based momentum across the product portfolio.

EBIT increased 70.3 per cent to Rs 50.5 million, up from Rs 29.6 million last year, while Profit Before Tax rose 132.7 per cent to Rs 26.7 million.

H1 FY26 Financial Performance

Revenue for the half year grew 12.8 per cent to Rs 1,980.3 million, compared with Rs 1,756.2 million in H1 FY25.

EBIT rose 54.7 per cent to Rs 91.1 million, up from Rs 58.9 million, while Net Profit Before Tax increased 89.2 per cent to Rs 45.5 million, compared with Rs 24.1 million in the previous year.

Management Commentary

Mr Akhilesh Chitlangia, Managing Director and Chief Executive Officer, said the second quarter delivered strong, broad-based growth across the portfolio. He noted that revenue growth of 15 per cent in Q2 and 12 per cent in H1 reflects the company’s focused strategy and its consistent outperformance of sector trends.

He added that improved gross margins and strengthening EBITDA margins underline the company’s operational progress. Duroply continues to invest substantially in building a strong talent base across sales, operations and leadership roles, recognising human capital as a foundation for long-term growth.

With a sharper organisational structure, improved margins and healthy demand momentum, the company remains confident of accelerating its growth in the coming quarters while maintaining profitability and financial discipline.

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