Greenlam Industries Limited — Important, 31-05-2025: General Updates

Greenlam has announced a board meeting to discuss the financial results for the quarter and half-year. The chipboard plant commissioned recently achieved 24% capacity utilization in Q4, supporting gradual sales growth. Plywood and engineered door revenues jumped ~47%, with engineered doors hitting operating breakeven. EBITDA was pressured by higher chipboard costs and a forex loss of INR 4.3 Cr. Net debt eased slightly to INR 989.3 Cr. Ongoing capacity expansion in laminates, plywood, and substrates aims to strengthen its integrated surface solutions offering.