Greenlam Industries Ltd
P&L
Quarterly Consolidated
vs Q1 FY26
Greenlam Industries Reports Q2FY26 Net Revenues of Rs. 808.3 Crores, Growth of 18.7% YoY
08 Nov 2025 · 8 Nov 2025, 06:53 pm
Summary
Greenlam Industries, among the world’s top 3 laminate manufacturers, reported its unaudited consolidated financial results for the second quarter and half year ended September 30, 2025. The company witnessed a growth of 18.7% in net revenues for Q2FY26, reaching Rs. 808.3 crores. However, the net profit for the quarter showed a de-growth of 7.7% due to forex fluctuation, higher depreciation, and interest expenses from new projects. The laminate business grew by 10.2% in value terms and 7.4% in volume terms on a YoY basis.
Key Highlights
- 1
Net revenues reported at Rs. 808.3 crores, growth of 18.7% on YoY basis
- 2
Overall laminate business grew by 10.2% in value terms and 7.4% in volume terms on YoY basis
- 3
EBITDA before forex fluctuations reported at Rs. 106.8 crores, growth of 32.3% on YoY basis
- 4
Net Profit reported at Rs. 31.8 crores, de-growth of 7.7% on YoY basis
- 5
Working capital stood at 47 days improvement of 12 days on YoY basis
- 6
Netrevenues reported at Rs. 1482.0 crores, growth of 15.3% on YoY basis for H1FY26
- 7
EBITDA before forex fluctuations reported at Rs. 161.5 crores, growth of 11.1% on YoY basis for H1FY26
- 8
Net Profit reported at Rs. 16.1 crores, de-growth of 70.4% on YoY basis for H1FY26
Management Comments
Mr. Saurabh Mittal
Managing Director and Chief Executive Officer, Greenlam Industries Ltd.
We are pleased to share that the second quarter of this fiscal year delivered a well-rounded financial performance across all key parameters. This quarter marked our highest overall revenues, crossing Rs. 808.3 crores, reflecting a growth of 18.7% on YoY basis and 20.0% on QoQ basis. The performance was broad-based, supported by strong momentum across all business segments, both in domestic and international markets. We achieved our highest laminate production and sales during the quarter, with production volume rising by 5.3% and sales volume increasing by 7.4%.
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