Greenpanel Industries Ltd’s net profit falls 25% to Rs 7.55 cro for Q4FY20

New Delhi: Greenpanel Industries Ltd’s consolidated net profit fell about 25 percent to Rs 7.55 crore for the fourth quarter of 2019-20 fiscal as against a net profit of Rs 10.19 crore in the corresponding quarter of the previous fiscal.

The consolidated revenue from operations jumped 36 percent to Rs 237 crore for the fourth quarter of the 2019-20 fiscal as compared to Rs 174 crore in the corresponding period of the previous fiscal.   

For the entire financial year 2019-20, the company’s consolidated net profit fell 62 percent to Rs 14.46 crore as against a net profit of Rs 34.57 crore in the previous financial year.

For the entire financial year 2019-20, the consolidated revenue from operations of the company jumped 46 percent to Rs 876 crore as compared to Rs 599 crore in the previous fiscal, the company said in a regulatory filing.

The total expenses of the company jumped to Rs 227 crore in the fourth quarter of 2019-20 fiscal as against Rs 179 crore in the corresponding quarter of the previous fiscal. For the whole financial year 2019-20, the total expenses of the company jumped to Rs 856 crore as compared to Rs 599 crore in the previous fiscal. 

 

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