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Greenpanel Industries Ltd Q2FY24; 43% 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 Q2FY24 of ₹399.00 Crores down from ₹457.00 Crore year on year, a fall of 12.69%.
  • Total Expenses for Q2FY24 of ₹350.00 Crores down from ₹361.00 Crores year on year, a fall of 3.05%.
  • Consolidated Net Profit of ₹41.00 Crores down 43.06% from ₹72.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹3.34, down 43.49% from ₹5.91 in the same quarter of the previous year.
Tags: plywood
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