GREENPANELGreenpanel Industries Ltd.
Greenpanel Industries Q2 FY27 Results: Standalone Net Loss ₹0.64 Crore on Total Income of ₹414 Crore
- Earnings
- Plywood and MDF boards
Reviewed byKeshav SehgalBlacklitt Research
Greenpanel Industries (NSE: GREENPANEL) reported a standalone total income of ₹414.21 crore and a net loss of ₹0.64 crore for the quarter ended 30 Sep 2026, it said in a filing on 02 Nov 2026. The company had reported a net profit in the June 2026 quarter.
Key highlights
Standalone
The company on its own, without its subsidiaries
- Total income: ₹414.21 crore, up 3.8% YoY and 17.5% QoQ
- Net profit and EPS: Net loss of ₹0.64 crore; basic EPS of -₹0.05, against -₹0.50 a year earlier
- Finance costs: ₹6.58 crore, down 39.7% YoY and up 17.9% QoQ
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 414.21 | 399.05 | +3.8% | 352.42 | +17.5% | |
| Revenue from operations | 411.71 | 395.98 | +4.0% | 349.81 | +17.7% |
| Other income | 2.50 | 3.07 | -18.6% | 2.61 | -4.2% |
| -0.64 | -6.12 | +89.5% | 1.23 | n/a | |
| Finance costs | 6.58 | 10.91 | -39.7% | 5.58 | +17.9% |
| Depreciation | 25.16 | 25.81 | -2.5% | 24.79 | +1.5% |
| Tax expense | -0.86 | -2.75 | +68.7% | 0.90 | n/a |
| Net profit margin | -0.15% | -1.53% | +1.38 pp | 0.35% | -0.50 pp |
| EPS, basic (₹) | -0.05 | n/a | n/a | 0.10 | n/a |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net loss narrowed while income grew. Total income rose 3.8% year on year to ₹414.21 crore, and the net loss shrank from ₹6.12 crore to ₹0.64 crore, a fall of 89.5%. Net profit therefore moved faster than income, with revenue from operations up 4.0% and other income down 18.6%.
Finance costs of ₹6.58 crore are 1.6% of total income this quarter, against ₹10.91 crore a year earlier. Depreciation of ₹25.16 crore was 2.5% lower than in the year-ago quarter.
Against the June 2026 quarter, the result moved from a profit of ₹1.23 crore to a loss of ₹0.64 crore, while total income rose 17.5%. The notes read do not give a reason for this swing.
Inference
The filing reports paid-up equity share capital of ₹12.26 crore at 30 Sep 2026, and the net loss for the six months ended 30 Sep 2026 is ₹40.74 crore. The filing does not say what dividend, if any, the company plans.
The Board approved the appointment of Saurabh Sinha as Chief Sales Officer with effect from 2 Nov 2026, on the recommendation of the Nomination and Remuneration Committee. The filing does not say whether the appointment changes the company's sales plans or cost base.
Filed with BSE on . Reference: Original filing (PDF)
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
