Greenpanel Q2 FY26: Revenue Up, But Swings to Loss on Forex, GST
GREENPANEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 0.6 pts more than its Plywood Boards/ Laminates peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Greenpanel Q2 FY26 revenue rose 17.5% YoY to 395.97 cr; H1 revenue up 3.2% to 724.17 cr. But firm swung to a 40.74 cr H1 net loss versus 34.22 cr profit a year ago, hit by 239.94 cr forex loss on EUR ECB loan revaluation and 4.80 cr GST provision after DGGI search. Auditor flagged 81.56 cr of unrecognised government subsidies.
Weak H1 with forex and GST hits eroding profits; stock may face pressure. Watch ECB loan hedging and subsidy clarity.