Greenpanel Industries Limited — Results, 06-02-2025: Integrated Filing- Financial

Greenpanel Industries Limited has announced a board meeting to discuss its financial results for the quarter and nine months ended December 31, 2024. The company reported revenue from operations of ₹359.43 crore, a 6.7% increase year-on-year, while total income stood at ₹365.99 crore. The net profit after tax was ₹85.04 crore, reflecting a decline from the previous year's ₹185.04 crore due to lower margins and deferred government subsidies. This decision not to recognize ₹220.87 crore in potential subsidies may affect future profitability. Investors may encounter a cautious outlook, weighing potential recovery of subsidies against current financial performance dynamics.