Greenlam AGM: Company unveils strong growth, expansion plans

** Greenlam Industries announced revenue growth in FY25 and the strategic expansion program. Consolidated net revenues increased by 11.4% YoY reaching INR 2,569.3 Cr, driven by laminate, flooring, and engineered door and plywood segments. Despite a 6.8% decrease in EBITDA to INR 274.6 Cr and a 50.5% degrowth in PAT to INR 68.3 Cr, the company highlights a shift towards new revenue streams and an expanded global reach now covering 120 countries and 15 global subsidiaries. The company has completed a major part of its multi-year expansion program with new manufacturing facilities, leading to a potential revenue generation of INR 4,500 Cr in the next 3-4 years. Additionally, a 1:1 bonus share issue was approved marking the Company's 10th listing anniversary