Results - Announcements
Greenlam Industries Ltd share price gained 0.66% to Rs 214.95 after the company's net profit rose by 15.25% to Rs 24.48 crore, while revenue from operations improved marginally 9.85% to Rs 875.18 crore in Q3FY26 over Q2FY26.
The market capitalization of Plywood Boards/ Laminates industry group stocks on BSE stood at Rs 40577.19 crore, advancing by 10.62%. It has marginally improved by 1.33% over last one week and collapsed sharply by 18.71% in last one month while the market capitalization of Greenlam Industries Ltd has inched up 3.72% and 21.31% in the same period respectively.
Profit before tax (PBT) of Greenlam Industries Ltd stood at Rs 36.25 crore in Q3 FY26, tanking 21.40% year-on-year, and surging by 17.20% quarter-on-quarter. EBITDA came in at Rs 78 crore, crashing by 24.60% YoY and easing 5.28% sequentially.
Total expenses posted a minor rise of 9.82% to Rs 826.13 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 404.27 crore, posting a minor increase of 0.14% YoY, while employee benefits expense was at Rs 163.14 crore, softening 3.09% YoY.
For the TTM ended FY26, revenue from operations rose 18.56% to Rs 3046.08 crore, while net profit contracted by 17.89% to Rs 56.12 crore, compared to previous TTM. EBITDA jumped by 28718% to Rs 316.67 crore, and PBT contracted 16.08% to Rs 89.28 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 292.38 crore in FY26, as against Rs 210.44 crore in FY25.
Greenlam Industries Ltd nosedived by 18.90% in last one year, underperforming the benchmark BSE Sensex which has softened by 7.38% during the same period.