The company said that the acquired land will be used for future expansion.
Greenlam Industries is engaged in the business of manufacturing laminates, decorative veneers and allied products.
The company?s consolidated net profit jumped 41.9% to Rs 41.50 crore on 16.5% increase in net sales to Rs 603.64 crore in Q2 FY24 over Q2 FY23.
Shares of Greenlam Industries shed 0.77% to close at Rs 557.35 on Friday, 8 December 2023.
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