Greenlam Industries Limited, a leading manufacturer of laminates, decorative veneers, and allied products, reported mixed financial results for Q2FY26.
Financial Highlights:
- Revenues increased 18.65% year-on-year to ₹808 crore from ₹681 crore.
- Total expenses rose 19.0% to ₹764 crore from ₹642 crore.
- Consolidated net profit declined 5.88% to ₹32 crore from ₹34 crore.
- Earnings per share fell 6.62% to ₹1.27 from ₹1.36.
Despite strong revenue growth fueled by increased sales volumes and market expansion, rising costs exerted pressure on profitability, resulting in a decline in net profit and earnings per share.
Outlook:
Greenlam Industries is focusing on operational efficiencies and product innovation to improve margins while leveraging growth opportunities in domestic and international markets. The company aims to strengthen its leadership position in the laminates and decorative surfaces sector.
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