Net profit of Greenlam Industries declined 11.91% to Rs 25.30 crore in the quarter ended December 2023 as against Rs 28.72 crore during the previous quarter ended December 2022. Sales rose 11.89% to Rs 563.37 crore in the quarter ended December 2023 as against Rs 503.50 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales563.37503.50 12 OPM %12.6310.89 - PBDT59.9254.67 10 PBT35.4438.48 -8 NP25.3028.72 -12 Powered by Capital Market - Live News

Greenlam Industries will hold a meeting of the Board of Directors of the Company on 2 February 2024.Powered by Capital Market - Live News

Net profit of Greenlam Industries rose 41.93% to Rs 41.50 crore in the quarter ended September 2023 as against Rs 29.24 crore during the previous quarter ended September 2022. Sales rose 16.52% to Rs 603.64 crore in the quarter ended September 2023 as against Rs 518.04 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales603.64518.04 17 OPM %12.5210.36 - PBDT72.1453.17 36 PBT52.6937.74 40 NP41.5029.24 42 Powered by Capital Market - Live News

Greenlam Industries will hold a meeting of the Board of Directors of the Company on 28 October 2023.Powered by Capital Market - Live News

Greenlam Industries announced that the greenfield project at Naidupeta, Andhra Pradesh, for manufacturing of 3.50 million laminate sheets/boards per annum by Greenlam South, a wholly-owned subsidiary of the Company, has commenced commercial production from 29 September 2023. On consolidated basis, the said manufacturing facility has potential to generate revenue of Rs. 600 crore per annum on full capacity utilization. Consequent to the above commercialization, the installed capacity of the Company for manufacturing of laminates has increased from 21.02 million laminate sheets per annum to 24.52 million laminate sheets/ boards per annum on consolidated basis. The total capex incurred for the project stands at Rs. 239 crore approx till commencement of the commercial production. Powered by Capital Market - Live News