Greenlam Industries Ltd
Greenlam Q3 & 9M FY2025: Revenue Up 17.3% š Margins Strengthen, But Net Loss in Q3
ā¢ Q3 net revenues grew 17.3% year-over-year to ā¹706.3 crore
ā¢ Nine-month net revenues increased 15.9% year-over-year to ā¹2,188.4 crore
ā¢ Laminate business grew 8.1% in value terms year-over-year for Q3
ā¢ Laminate business grew 7.5% in value terms for the nine-month period
ā¢ Gross margins improved to 55.6% in Q3 (up 60 bps year-over-year)
ā¢ Gross margins improved to 54.4% for nine months (up 160 bps year-over-year)
ā¢ EBITDA before forex and exceptional items was ā¹65.2 crore in Q3 (down 0.4% year-over-year)
ā¢ EBITDA before forex and exceptional items was ā¹226.9 crore for nine months (up 7.5% year-over-year)
ā¢ Working capital days improved by 9 days year-over-year to 58 days as of December 31, 2025
ā¢ Net debt stood at ā¹1,010.1 crore as of December 31, 2025
ā¢ Company rebranded laminate brand NewMika to Mikasa Laminates
ā¢ Recognized as India's Largest Exporter of Laminates for the 16th consecutive year at the Plexconcil Export Awards 2025