Duroply Industries saw a 10.3% year-over-year revenue increase to Rs 93.5 crores in Q1, despite challenges in the premium segment. Profit before tax improved by 50% to Rs 1.88 crores, and EBITDA grew 31% to Rs 5.39 crores. The company's mid-segment brand 'Tower' showed robust 45% growth. Contract manufacturing grew 24.9%, while in-house manufacturing remained flat. The company is focusing on an asset-light model and digital initiatives to improve sales productivity. Duroply targets EBITDA margins of 6.5-7% by FY27 and ROCE of 9-12% by FY26. A postal ballot notice has been issued for revising remuneration structures of key executives.
Duroply Industries Limited announced its Q1 FY2026 financial results, showing resilience despite market headwinds. Revenue increased 10.3% year-over-year to Rs 93.54 crore, while EBITDA rose 34.6% to Rs 5.39 crore. However, PAT decreased to Rs 1.55 crore from Rs 3.32 crore last year. The company faced liquidity challenges and a slowdown, particularly in North India. Despite this, Duroply remains optimistic about future growth, citing investments in infrastructure, marketing, and sales force. The company is positioning itself to capitalize on industry trends such as expanding market potential, increasing demand for eco-friendly products, and growth in the furniture industry.
31Jul 25
Duroply Industries Appoints Astha Gupta as Senior Management Personnel, Reports 49.6% Increase in Q1 Profit
Duroply Industries Limited has appointed Ms. Astha Gupta as Senior Management Personnel effective July 31, 2025. The company also reported Q1 FY26 financial results, showing a 49.6% increase in Profit Before Tax to Rs. 1.89 crore, a 38.8% rise in EBIT to Rs. 4.07 crore, and a 10.3% growth in revenue to Rs. 93.54 crore compared to Q1 FY25. Despite positive year-on-year results, quarterly revenue decreased by 12.0% from Q4 FY25. The company's Managing Director cited liquidity challenges and market slowdown but expressed optimism for future growth.
Duroply Industries Limited announced robust financial results for Q1 FY2026. Revenue from operations increased by 25.4% quarter-on-quarter to ₹106.35 crore. Net profit surged by 163.2% to ₹3.32 crore compared to the previous quarter. The company's basic EPS improved to ₹3.36, up from ₹1.28 in Q4 FY2025. These results, reviewed by the Audit Committee and approved by the Board of Directors, indicate strong market demand and effective cost management.