Greenpanel Revenue Increases More Than Three Times In Q1

Wednesday, 08 September 2021

Greenpanel Industries’ consolidated revenue from operations was Rs 308.32 crore in Q1 2021-22 this year, increasing by more than three times from Rs 90.14 crore corresponding period last year. The company earned total income of Rs 309 crore in this quarter which was Rs 91 crore in the corresponding period last year.

Net profit during the period in discussion respectively was Rs 29.74 crore this year decreasing from Rs 36.49 crore last year. During the last quarter ended 31 March 2021, the company’s revenue generation from operation was Rs 388.79 crore and the total income was Rs 309.79 crore along with the net profit was Rs 56.46 crore.

 

The company's segment wise revenue generation includes from Plywood and allied products Rs 45.33 crore increasing from Rs 19.51 crore corresponding period last year. From MDF and allied products the revenue generation was Rs 262.98 crore increasing from Rs 70.65 crore to the corresponding period last year.

 

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