Greenlam Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Greenlam Industries Ltd reported a 19.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 17.5%.
• Its expenses for the quarter were up by 10.5% QoQ and 19.0% YoY.
• The net profit decreased 302.2% QoQ and decreased 7.8% YoY.
• The earnings per share (EPS) of Greenlam Industries Ltd stood at 1.25 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Greenlam Industries Ltd is a prominent player in the laminate industry, primarily engaged in the manufacture and distribution of decorative laminates, compact laminates, and other allied products. The company has established itself as one of the largest producers of laminates globally, renowned for its innovative designs and environmentally sustainable practices. As of the latest data, Greenlam has continued to focus on expanding its market presence both domestically and internationally, leveraging its extensive distribution network to cater to a diverse clientele. While specific recent developments are not detailed in the provided data, the company's emphasis remains on quality and innovation in its product offerings.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Greenlam Industries Ltd reported a total income of ₹809.48 crores. This represents an increase of 19.7% compared to the previous quarter (Q1FY26) where total income was ₹676.24 crores. The year-over-year (YoY) change also indicates a positive trend, with total income growing by 17.5% from ₹688.97 crores in Q2FY25. These figures reflect the company's ability to generate higher revenue over time, indicating robust sales performance during the quarter in review.

Profitability

The profitability of Greenlam Industries Ltd in Q2FY26 has shown mixed results. The company recorded a profit before tax of ₹46.12 crores, which marks a significant turnaround from the previous quarter's loss of ₹14.48 crores. However, when compared year-over-year, this figure shows a slight decline of 2.4% from ₹47.24 crores in Q2FY25. The profit after tax for Q2FY26 was ₹31.77 crores, which, despite the quarter-over-quarter improvement from a loss of ₹15.71 crores, reflects a decrease of 7.8% YoY from ₹34.44 crores. Earnings per share (EPS) also exhibited a notable change, recovering from a negative ₹0.62 in Q1FY26 to ₹1.25 in Q2FY26, although this is a decline from ₹2.70 in Q2FY25. These metrics underscore the fluctuating profitability the company experienced during the period.

Operating Metrics

The total expenses for Greenlam Industries Ltd in Q2FY26 were reported at ₹763.36 crores, reflecting a quarter-over-quarter increase of 10.5% from ₹690.72 crores in Q1FY26. Year-over-year, total expenses rose by 19.0% from ₹641.73 crores in Q2FY25. The tax expense for the quarter was ₹14.35 crores, significantly higher than the ₹1.23 crores recorded in the previous quarter, showing a 1066.7% increase, and a 12.1% increase from ₹12.80 crores in Q2FY25. These figures highlight the company's cost structure and tax obligations for the quarter. The financial data suggests a shift in the company's operating expenses and tax strategy over the periods compared.

Overall, Greenlam Industries Ltd's financial performance in Q2FY26 reflects various trends in revenue generation, profitability, and operating expenses, as captured in the provided data without drawing specific conclusions or recommendations.