GREENPANEL Greenpanel Industries Q3 FY26 results (Oct–Dec 2025) and concall
Greenpanel Industries Limited reported a robust Q3 FY26 with total revenues growing 11.4% year-on-year to INR 398.8 crore, driven by strong MDF volume growth of 17.1%. Despite a tepid retail market and discounting pressures leading to a 1.4% sequential decline in domestic realization, the company achieved higher gross margins of almost 50% and operating EBITDA margins of 11.2%. Raw material costs are stabilizing, and all production lines are EBITDA positive, though the plywood business remains a concern.
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What they filed
Q3 FY26: revenue up 15.8%, net profit up 20.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 337 | 359 | 375 | 328 | 396 +18% | 416 +16% |
| EBITDA | 30 | 17 | 48 | -16 | 25 −17% | 41 +135% |
| Net profit | 19 | 9 | 29 | -35 | -6 −133% | 10 +20% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
