Quarterly Result8 Nov 2025, 06:52 pm
Greenlam Industries Reports Q2FY26 Net Revenues of Rs. 808.3 Crores, Growth of 18.7% YoY
AI Summary
Greenlam Industries Limited, a leading integrated substrate and surface solutions provider, announced its unaudited consolidated financial results for the second quarter and half year ended September 30, 2025. The company reported a growth of 18.7% in net revenues for Q2FY26, reaching Rs. 808.3 crores. The laminate business witnessed a value growth of 10.2% and volume growth of 7.4% on YoY basis. The operating profit before forex fluctuation grew by 32.3% to Rs. 106.8 crores. However, the net profit for the quarter decreased by 7.7% to Rs. 31.8 crores due to forex fluctuation, higher depreciation, and interest expenses from new projects. The company's net working capital improved by 12 days and stood at 47 days in Q2FY26.
Key Highlights
- Net revenues for Q2FY26 reported at Rs. 808.3 crores, growth of 18.7% on YoY basis
- Overall laminate business grew by 10.2% in value terms and 7.4% in volume terms on YoY basis
- EBITDA before forex fluctuations reported at Rs. 106.8 crores, growth of 32.3% on YoY basis
- Net profit reported at Rs. 31.8 crores, de-growth of 7.7% on YoY basis
- Net working capital stood at 47 days improvement of 12 days on YoY basis