Greenlam Industries Limited has reported strong financial results for the quarter and half year ending September 30, 2025, demonstrating robust growth across its operations. The company's net revenues reached Rs. 808.3 crores, marking an impressive 18.7% increase year-on-year (YoY). This growth was bolstered by a 10.2% rise in value and a 7.4% increase in volume within its laminate business, primarily driven by strong international demand. Operating profit before foreign exchange fluctuations surged by 32.3% to Rs. 106.8 crores, although the company faced challenges with a net profit of Rs. 31.8 crores, representing a 7.7% decline YoY due to foreign exchange fluctuations and increased depreciation and interest expenses from recent projects.

In the first half of FY26, Greenlam Industries reported net revenues of Rs. 1482.0 crores, reflecting a 15.3% growth compared to the same period last year. The laminate segment also showed 7.2% growth in value and 6.7% in volume, contributing to an operating profit before forex fluctuations of Rs. 161.5 crores, which is an 11.1% increase YoY. However, the net profit fell drastically by 70.4% to Rs. 16.1 crores, stemming from similar pressures faced in the second quarter, including forex impacts and higher costs associated with new projects.

Mr. Saurabh Mittal, Managing Director and CEO of Greenlam Industries, expressed optimism about the company's performance, noting that the second quarter's figures marked their highest overall revenues to date. He highlighted significant achievements in laminate production and sales, with volume increases of 5.3% and 7.4%, respectively. The plywood and allied segment also excelled, achieving 22.2% value growth YoY. Moreover, Greenlam's commitment to sustainable practices was underscored by improvements in operational margins and net working capital, which decreased to 47 days, a 12-day improvement YoY. As a leading player in the laminate manufacturing sector, Greenlam continues to prioritize innovative and eco-friendly solutions for its diverse global customer base.