Greenlam Industries Reports Q3FY26 Results: Revenue Grows 17.3% YoY to 706.3 Crores, Net Loss of 20.6 Crores
Greenlam Industries Limited, a leading integrated substrate and surface solutions provider, announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025. The company reported a 17.3% YoY growth in net revenues for the quarter, standing at 706.3 crores. However, the company reported a net loss of 20.6 crores due to higher operating costs, forex fluctuations, exceptional items, and higher interest and depreciation for chipboard business. The laminate business grew 8.1% in value terms on YoY basis. The company's net revenues for the nine months ended December 31, 2025, stood at 32,188.4 crores, a YoY growth of 15.9%. The net profit, however, was lower by 76.8% YoY basis at 315.5 crore.
Key Highlights
- Net revenues stood at 706.3 crore, registering a YoY growth of 17.3%
- Overall laminate business grew 8.1% in value terms on YoY basis
- Net loss stood at 20.6 crore, mainly on account of higher operating costs, forex fluctuations, exceptional items and higher interest and depreciation for chipboard business
- Working capital improved by 9 days on YoY basis to 58 days
- Net profit was lower by 76.8% YoY basis at 315.5 crore for the nine months ended December 31, 2025