Greenpanel Industries announced its financial results for Q3 FY26. The company reported total income of ₹419.70 crore and profit before tax of ₹1.15 crore. Segment-wise, plywood and allied products revenue stood at ₹28.14 crore, while medium density fibreboards revenue reached ₹388.12 crore. The company recognized previously deferred subsidies, boosting revenue.
Financial Performance
Greenpanel Industries Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. Total income for Q3 FY26 reached ₹419.70 crore, compared to ₹399.04 crore in the previous quarter and ₹365.99 crore in the corresponding quarter of the previous year. Profit before tax stood at ₹1.15 crore. Total expenses amounted to ₹408.24 crore for the quarter.
Segment Breakdown
Segment-wise, revenue from plywood and allied products was reported at ₹28.14 crore for Q3 FY26. Revenue from medium density fibreboards and allied products totaled ₹388.12 crore. The total segment assets for plywood and allied products reached ₹54.61 crore, and medium density fibreboards and allied products were ₹1695.20 crore.
Key Highlights
The company recognized foreign exchange loss of ₹296.91 lakhs in the quarter. Also, the company recognized previously deferred subsidies relating to its manufacturing plant at Chittoor, Andhra Pradesh, with power subsidy recognized under ‘Revenue from Operations’, and green measures and land conversion subsidies recorded as disposals from ‘Property, plant and equipment’.
Source: BSE
