Archive · 2 Jun 2025

Greenlam Eyes 18-20% Revenue Growth in FY26

Greenlam Eyes 18-20% Revenue Growth in FY26

Greenlam Industries, a company that makes materials for decorating homes, is aiming to grow its sales a lot in the next year, about 18-20%.

This comes after a tough year where profits were down.

They plan to use their new factories and focus on selling more products to achieve this growth.

The company's main product, laminates, is expected to help improve profits.

They also hope to reduce losses in their plywood business.

Greenlam is also working on improving its veneers business.

The company expects to slightly reduce its debt and will keep a close eye on how quickly it can turn its products into cash.

They recently spent a lot of money on new projects but don't have any big new investments planned for now.

Sources