Greenpanel Posts ₹61.2 Million Loss In Q2 Despite ₹3.96 Billion Revenue

Greenpanel Industries Ltd., one of India’s leading wood panel manufacturers, has reported its financial results for the second quarter of FY26. The company posted a consolidated net loss of ₹61.2 million, reversing its profit trend from previous quarters. Revenue from operations stood at ₹3.96 billion for the quarter ended September 2025.

The results reflect ongoing challenges in the medium-density fibreboard (MDF) segment, including pricing pressure and demand softness in key markets.

Notable Updates:  

• Operational revenue of ₹3.96 billion was largely driven by domestic MDF and plywood sales.  
• The net loss was attributed to lower realizations and higher input costs, particularly in energy and resin.  
• Export volumes remained stable, but margins were compressed due to competitive pricing.  
• The company continues to invest in automation and plant efficiency to reduce overheads.  
• Management reiterated its focus on long-term capacity expansion and product diversification to counter cyclical headwinds.

Greenpanel’s Q2 performance highlights the volatility in the building materials sector, with macroeconomic factors and raw material inflation impacting profitability.

Sources: Reuters, Economic Times Markets, Moneycontrol, Greenpanel Investor Updates.