Greenpanel Industries Limited recommended dividend to the shareholders
GREENPANEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Greenpanel Industries board approved Q4 and FY 2025-26 audited financial results. The company reported a net loss of Rs. 2,912.78 lakhs for FY 2025-26 compared to net profit of Rs. 7,210.89 lakhs in the previous year. Revenue from operations grew 7.2% to Rs. 1,53,936.87 lakhs from Rs. 1,43,576.86 lakhs. The sharp decline in profitability was driven by significantly higher finance costs (Rs. 3,670.82 lakhs vs Rs. 667.08 lakhs previously) due to foreign exchange fluctuations on borrowings for the MDF plant in Andhra Pradesh. The board recommended a final dividend of Rs. 0.50 per equity share (50% on face value of Rs. 1/-) for FY 2025-26, subject to shareholder approval. The record date for dividend is July 31, 2026, and the 9th AGM will be held on August 7, 2026.
Despite reporting a significant loss for FY 2025-26, the company has maintained its dividend payout, which may provide some short-term support to shareholder sentiment. However, the substantial loss and high finance costs raise concerns about dividend sustainability going forward.