Greenlam Industries Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 06:04 pm
07-08-2025 | 06:04 pm
Greenlam Industries announced its Q1 FY26 consolidated financial results. Revenue grew to 673.79 Cr, but the company reported a net loss of 15.71 Cr for the quarter. This loss was largely driven by an 18.77 Cr unrealized foreign exchange loss related to Euro-denominated debt for their new Chipboard project. Strategically, the company has reclassified its business segments to include 'Panel & Allied Products,' highlighting its commitment to the growing Chipboard vertical. Investors should note this one-time FX impact.
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