Greenpanel Industries consolidated net profit declines 56.75% in the March 2024 quarter

Sales decline 10.15% to Rs 396.60 crore

Net profit of Greenpanel Industries declined 56.75% to Rs 29.81 crore in the quarter ended March 2024 as against Rs 68.93 crore during the previous quarter ended March 2023. Sales declined 10.15% to Rs 396.60 crore in the quarter ended March 2024 as against Rs 441.41 crore during the previous quarter ended March 2023.

For the full year,net profit declined 44.38% to Rs 142.68 crore in the year ended March 2024 as against Rs 256.51 crore during the previous year ended March 2023. Sales declined 12.09% to Rs 1567.25 crore in the year ended March 2024 as against Rs 1782.86 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales396.60441.41 -10 1567.251782.86 -12 OPM %12.9317.27 -15.7323.36 - PBDT58.5281.51 -28 256.07416.83 -39 PBT40.2764.33 -37 183.17344.86 -47 NP29.8168.93 -57 142.68256.51 -44

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