Greenlam Industries Management Change
Greenlam Industries has appointed Mr. Nishit Bansal as Chief Human Resources Officer effective September 22, 2026. The board approval follows the Nomination, Remuneration & Compensation Committee recommendation.
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Greenlam Industries has appointed Mr. Nishit Bansal as Chief Human Resources Officer effective September 22, 2026. The board approval follows the Nomination, Remuneration & Compensation Committee recommendation.
Greenlam Industries is acquiring a 26% stake in Bhadla Minigrid Solar 4 Private Limited for ₹2.06 Crore to establish a captive renewable energy plant.
Greenlam Industries acquired a 26% stake in Bhadla Minigrid Solar 4 Private Limited for ₹2.07 Crore. The SPV will facilitate captive power consumption.
CARE Ratings reaffirmed Greenlam Industries' bank facility ratings and revised the outlook from Negative to Stable.
Greenlam reported 18% YoY revenue growth to INR797cr for Q1FY27. EBITDA before forex rose 48% to INR81cr, with chipboard business turning EBITDA positive for the first time.
Q1FY27 revenue grew 18.2% YoY to ₹796.7 Cr. PAT stood at ₹21.2 Cr vs a loss of ₹15.7 Cr YoY, driven by chipboard scaling.
Greenlam Industries Ltd reported revenue from operations of ₹796.7 Cr (+18.2% YoY) and net profit of ₹21.2 Cr for Q1 FY27.