Greenlam Industries Limited, a leading integrated substrate and surface solutions provider, has announced its audited consolidated financial results for the fourth quarter and year ended March 31, 2025. For Q4FY25, the company reported net revenues of Rs. 681.8 crores, a growth of 9.2% year-over-year. The laminate business grew by 7.2% in value terms, while the plywood business saw a significant growth of 46.9%.
Earnings Before Interest, Depreciation, Tax, and Amortization (EBITDA) stood at Rs. 64.0 crores, a decline of 23.4% year-over-year. Net profit was reported at Rs. 1.5 crores, a decline of 96.3% year-over-year.
For the full year FY25, the company reported net revenues of Rs. 2569.3 crores, a growth of 11.4% year-over-year. EBITDA was reported at Rs. 274.6 crores, a decline of 6.8% year-over-year. Net profit stood at Rs. 68.3 crores, a decline of 50.5% year-over-year.
Saurabh Mittal, Managing Director and Chief Executive Officer, Greenlam Industries Ltd., said, “We continue to make steady progress across our core businesses, with overall revenue witnessing a reasonable growth of 9.2% during the quarter… We remain confident in their long-term potential.”
Key Highlights:
– Net working capital improved by 12 days to 55 days
– Net debt stood at Rs. 989.3 crores as of March 31, 2025
– Laminate business grew by 9.2% in value terms for the full year FY25
– Plywood business grew by 111.7% in value terms for the full year FY25
