Greenpanel Industries has reported its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors has recommended a final dividend of ₹0.50 per equity share, representing 50% of the face value. Additionally, the company announced that its 9th Annual General Meeting is scheduled for August 7, 2026, to address key shareholder matters and finalize the financial year’s disclosures.
Financial Performance Overview
For the financial year ended March 31, 2026, Greenpanel Industries reported a total revenue of ₹1,55,387.08 lakhs. Despite a challenging quarter that resulted in a net profit after tax of ₹137.38 lakhs for the final quarter, the company remains focused on operational efficiency. The Board has also officially recommended a final dividend of ₹0.50 per share, subject to approval by shareholders during the upcoming Annual General Meeting.
Strategic Corporate Updates
The company has confirmed that its 9th Annual General Meeting will be held on Friday, August 7, 2026. Shareholders whose names appear on the register or depository records as of the record date, July 31, 2026, will be eligible for the proposed dividend. To oversee the voting process, including remote e-voting and polling at the venue, the board has appointed M/s. P. Sarawagi & Associates as the Scrutinizer.
Operational Insights
The company continues to operate within two core segments: Plywood and allied products, and Medium density fibreboards (MDF) and allied products. Significant progress was made regarding the recognition of previously deferred government subsidies, with the company recognizing ₹6,217.93 lakhs in approved subsidies during the fiscal year. Furthermore, the company successfully managed recent tax and regulatory inquiries, maintaining its commitment to transparency and compliance in all operations.
Source: BSE
