Duroply Industries Ltd announces Q2, H1 FY2026 results

Duroply Industries Limited, India's most experienced plywood manufacturer amongst the leading players, today announced its unaudited financial results for the second quarter and half year ended September 30, 2025.

Duroply Industries Limited has recorded a 15.1% increase in the Sales in the quarter ended September 30, 2025, to Rs. 104.49 crores, up from Rs. 90.81 crores reported in the same quarter of the previous financial year. EBIT for the Company increased by 70.3% in the second quarter of this fiscal year, from Rs. 2.96 crore reported in Q2 FY25 to Rs. 5.05 crore. The Company has reported Profit before Tax of Rs. 2.67 crore for the current quarter, an increase of 132.7% over the same quarter previous fiscal year.

For the half year ended September 30, 2025, revenues stood at Rs. 198.03 crores from Rs. 175.62 crores reported during the same period last fiscal, up 12.8%. EBIT increased by 54.7% to Rs. 9.11 crores in H1 FY 26 as compared to Rs. 5.89 crores in H1 FY 25. The Company recorded a growth of 89.2% in Net Profit before Tax at Rs. 4.55 crores as compared to Rs. 2.41 crores recorded during the same period last fiscal.

Commenting on the results, Mr. Akhilesh Chitlangia, Managing Director and Chief Executive Officer, Duroply, said "We are pleased to report a strong second quarter performance driven by broad-based momentum across our portfolio. Revenue grew by 15% in Q2 and 12% for H1, underscoring the effectiveness of our focused strategy and consistent outperformance of the industry average. Our gross margin also improved and the continued improvement in EBITDA margin further reinforces that Duroply is going in the right direction.

We continue to invest aggressively in building a high-quality talent pool across sales, operations, and leadership roles. Strengthening our human capital remains a key enabler of our long-term growth ambition.

He added, "With a sharper organizational structure, improved margins, and sustained demand momentum, we remain confident of accelerating our growth trajectory in the coming quarters while maintaining our focus on profitability and financial discipline."

Shares of Duroply Industries Ltd was last trading in BSE at Rs. 186.35 as compared to the previous close of Rs. 184.80. The total number of shares traded during the day was 798 in over 31 trades.

The stock hit an intraday high of Rs. 190.00 and intraday low of 184.80. The net turnover during the day was Rs. 148499.00.

Source : Equity Bulls

Keywords

DuroplyIndustries INE932D01010 ForestProducts Q2FY26 H1FY26 ResultUpdate