Greenlam Industries reported a 49.76% decline in net profit for Q3 FY25 to ₹12.71 crore, compared to ₹25.30 crore in the same quarter last year. Sales, however, rose 6.86% year-on-year to ₹602.04 crore from ₹563.37 crore in Q3 FY24.
Key metrics include:
- EBITDA: Down 10.7%, with a margin of 10.6% versus 12.6% YoY.
- Operating profit margin (OPM): Declined to 10.5% from 12.6%.
- Profit before depreciation and tax (PBDT): Fell 19% YoY to ₹48.60 crore from ₹59.92 crore.
- Profit before tax (PBT): Down 40% to ₹21.33 crore from ₹35.44 crore.
- Net profit (NP): Declined 50% to ₹12.71 crore compared to ₹25.30 crore in the year-ago quarter.
The company attributed the drop in profitability to higher raw material costs and a contraction in operating margins.
Stock Performance:
- Current price: ₹538.40 (down 2.22%)
- Previous close: ₹550.60
- Day range: ₹525.00 – ₹543.95
- 52-week range: ₹431.00 – ₹662.00
- Market cap: ₹68.58 billion
- Average volume: 35.13K
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
