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Greenpanel Industries Ltd Q1FY24; 53% fall in Profits

Greenpanel Industries Limited is engaged in the manufacturing of plywood, medium density fibre boards (MDF) and allied products.

Financial Results:

  • Greenpanel Industries Ltd reported Revenues for Q1FY24 of ₹386.00 Crores down from ₹464.00 Crore year on year, a fall of 16.81%.
  • Total Expenses for Q1FY24 of ₹342.00 Crores down from ₹353.00 Crores year on year, a fall of 3.12%.
  • Consolidated Net Profit of ₹37.00 Crores down 52.56% from ₹78.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹3.04, down 51.97% from ₹6.33 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: plywood
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