Greenpanel Industries Reports Q1 Results and Approves Promoter Group Reclassification
Greenpanel Industries Limited released its unaudited financial results for the quarter ended June 30, 2026, alongside updates concerning the reclassification of certain members within the Promoter Group. The company's performance details were presented in both consolidated statements and segment wise reporting, while the Board also approved requests received from some promoter group members seeking to be classified as Public Shareholders.The results are provided following a Limited Review conducted by Statutory Auditors, M/s S. S. Kothari Mehta & Co LLP, Chartered Accountants.
Q1 Financial Highlights (Quarter Ended June 30, 2026)
Key figures from the Statement of Financial Results for the quarter ended June 30, 2026 are detailed below:| Metric | Value (in Lakhs) |
|---|---|
| Revenue from Operations | 34,981.09 |
| Other Income | 16,260.76 |
| Total Income | 51,241.85 |
| Total Expenses | 35,028.66 |
| Profit before Tax | 213.19 |
| Total Tax Expense | (1,463.16) |
| Net Profit after Tax | 90,27 |
The company's Paid up equity share capital stood at 1,226.27 lakh rupees for the period. Earnings per equity share (of one rupee each) Basic was reported at 0.10 and Diluted at (2.38).
Segment Performance Analysis
Greenpanel Industries operates in two segments: Plywood and allied products, and Medium density fibreboards and allied products. The performance of these segments is presented in the table below:| Segment | Total Revenue from Operations (in Lakhs) | Profit/(loss) before Tax (in Lakhs) |
|---|---|---|
| Plywood and allied products | 3,317.07 | 172.46 |
| Medium density fibreboards and allied products | 31,664.02 | 213.19 |
Promoter Group Member Reclassification
The Board of Directors approved reclassification requests received on July 15, 2026, from certain members of the Promoter Group who sought classification as a Public Shareholder. The following members were noted in relation to this approval:| Sl. No. | Name | Category | Shareholding (No. of equity shares held) | Shareholding (%) |
|---|---|---|---|---|
| 1 | Rajesh Mittal | Promoter Group | Nil | 0.00% |
| 2 | Karuna Mittal | Promoter Group | Nil | 0.00% |
| 3 | Sanidhya Mittal | Promoter Group | Nil | 0.00% |
| 4 | Rajesh Mittal & Sons HUF | Promoter Group | Nil | 0.00% |
| 5 | RS Homcon Limited | Promoter Group | Nil | 0.00% |
| 6 | Shakuntala Safeinvest Pvt. Ltd. | Promoter Group | Nil | 0.00% |
| 7 | RKS Family Foundation | Promoter Group | Nil | 0.00% |
| 8 | Rajesh Mittal Sanidhya Mittal and Karuna Mittal on behalf of trade combines partnership firm | Promoter Group | Nil | 0.00% |
The outgoing members of the Promoter Group undertaken that they are compliant with all specified conditions, subject to the receipt of no objection from the Stock Exchange(s).
GREENPANEL Stock Price Movement
Shares of Greenpanel Industries Limited slipped by 4.63% on Friday, settling at ₹192.25. The equity traded a total volume of 206,889 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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