Greenpanel Industries Limited’s Board of Directors has approved the unaudited financial results for the quarter ended June 30, 2026. The results, reviewed by the Audit Committee, were presented alongside segment-wise revenue and asset details. Additionally, the board approved the reclassification of certain members from the Promoter Group to Public Shareholder Category, subject to stock exchange approvals.
Financial Results for Q1 FY27 Approved
The Board of Directors of Greenpanel Industries Limited convened on August 8, 2026, to review and approve the unaudited financial results for the first quarter of the financial year 2026-27, ending on June 30, 2026. These financial statements, which include segment-wise revenue, results, assets, and liabilities, were previously examined and recommended by the Audit Committee.
Auditor Review and Reclassification
The unaudited financial results for the quarter ended June 30, 2026, have undergone a limited review by the Statutory Auditors, M/s. S. S. Kothari Mehta & Co LLP, Chartered Accountants. Their accompanying review report has also been enclosed. Furthermore, the Board approved reclassification requests received on July 15, 2026. Several members of the Promoter Group sought reclassification as Public Shareholders, a move that is contingent on receiving no-objection from the stock exchanges.
Key Financial Highlights (Unaudited)
For the quarter ended June 30, 2026, Greenpanel Industries reported total income of ₹35,241.85 Lakhs, a slight increase compared to the previous quarter’s ₹40,351.43 Lakhs and the corresponding quarter of the previous year (₹33,160.93 Lakhs). Expenses for the quarter stood at ₹35,028.66 Lakhs. The company registered a profit before tax of ₹213.19 Lakhs and a net profit after tax of ₹122.92 Lakhs. Earnings per equity share (Basic & Diluted) were ₹0.10.
Segment Performance
Revenue from operations for the Plywood and allied products segment amounted to ₹3,317.07 Lakhs, while the Medium density fibreboards and allied products segment generated ₹31,664.02 Lakhs for the quarter ended June 30, 2026. The profit before tax from operations for the Plywood segment was ₹172.46 Lakhs, and for the MDF segment, it was ₹3,630.00 Lakhs. After accounting for finance costs and other unallocable expenses, the total profit before tax across all segments was ₹213.19 Lakhs.
Assets and Liabilities
Total segment assets as of June 30, 2026, stood at ₹2,03,627.09 Lakhs, comprising assets from Plywood and allied products (₹5,327.97 Lakhs), Medium density fibreboards and allied products (₹1,69,725.25 Lakhs), and unallocated assets (₹28,573.87 Lakhs). Total segment liabilities were ₹67,916.52 Lakhs, with the majority attributed to the Medium density fibreboards and allied products segment (₹52,852.00 Lakhs).
Source: BSE
