Reported Q: Q3 2024 Rev YoY: -6.8% EPS YoY: -75.5% Move: -1.58%
Greenpanel Industries
GREENPANEL.BO
INR227.45 -1.58%
Exchange BSE Sector Basic Materials Industry Paper Lumber Forest Products
Q3 2024
Published: Dec 31, 2023

Company Status Snapshot

Fast view of the latest quarter outcome for GREENPANEL.BO

Reported

Report Date

Dec 31, 2023

Quarter Q3 2024

Revenue

3.86B

YoY: -6.8%

EPS

2.82

YoY: -75.5%

Market Move

-1.58%

Previous quarter: Q2 2024

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Earnings Highlights

  • Revenue of $3.86B down 6.8% year-over-year
  • EPS of $2.82 decreased by 75.5% from previous year
  • Gross margin of 56.1%
  • Net income of 346.15M
  • "'We are aligning our product strategy to meet the current market demand, which has shifted towards more accessible price points.'" - Management Team
GREENPANEL.BO
Greenpanel Industries Limited

Executive Summary

Greenpanel Industries Limited's Q3 2024 financial results have revealed a dramatic downturn in profitability amidst fluctuating revenue figures. The company reported revenues of ₹3,857.36 million, a 6.82% decrease year-over-year but showing a 6.70% increase compared to the previous quarter. Gross profit margins tightened considerably to 56.15% compared to 84.08% in Q3 2023, reflecting the significant challenges faced in transitioning the product mix amid cost pressures. Furthermore, net income plummeted by 75.43% on a year-on-year basis, illustrating the sector's current volatility.

Key Performance Indicators

Revenue
Decreasing
3.86B
QoQ: 6.70% | YoY: -6.82%
Gross Profit
Decreasing
2.17B
56.15% margin
QoQ: 40.56% | YoY: -27.93%
Operating Income
Decreasing
436.65M
QoQ: -119.38% | YoY: -104.69%
Net Income
Decreasing
346.15M
QoQ: -54.04% | YoY: -75.43%
EPS
Decreasing
2.82
QoQ: -54.30% | YoY: -75.53%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 3,281.94 -2.82 -17.3% View
Q4 2024 3,966.00 2.43 -10.2% View
Q3 2024 3,857.36 2.82 -6.8% View
Q2 2024 3,987.30 3.34 -15.5% View
Q1 2024 3,861.86 3.04 -5.5% View