Greenlam Industries Reports Q1 FY26 Results: Revenue Growth of 11.4%, Net Loss of Rs. 15.7 Crores

Greenlam Industries Limited, a leading integrated substrate and surface solutions provider, announced its unaudited consolidated financial results for the first quarter of the financial year 2025-26. The company reported a revenue growth of 11.4% at Rs. 673.8 crores, but also a net loss of Rs. 15.7 crores due to higher interest and depreciation costs in the chipboard business and a notional loss of Rs. 18.8 crores on account of an EUR denominated loan for the chipboard project. The domestic business grew by 22.2%, while the international business remained flat. The company's net working capital discipline remains intact, with Q1FY26 at 59 days versus 65 days in Q1FY25. Greenlam is committed to delivering innovation and quality, and remains focused on introducing technologically advanced, industry-first products.