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Greenlam Industries Ltd Q2FY24; 34% rise in Profits

Greenlam Industries is engaged in the business of manufacturing laminates, decorative veneers and allied products.

Financial Results:

  • Greenlam Industries Ltd reported Revenues for Q2FY24 of ₹604.00 Crores up from ₹518.00 Crore year on year, a rise of 16.6%.
  • Total Expenses for Q2FY24 of ₹556.00 Crores up from ₹485.00 Crores year on year, a rise of 14.64%.
  • Consolidated Net Profit of ₹39.00 Crores up 34.48% from ₹29.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹3.27, up 42.17% from ₹2.30 in the same quarter of the previous year.
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