Greenlam Industries Ltd (BOM:538979)
₹ 583.75 -4.15 (-0.71%) Market Cap: 74.47 Bil Enterprise Value: 83.76 Bil PE Ratio: 58.25 PB Ratio: 6.91 GF Score: 90/100
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Q1 2021 Greenlam Industries Ltd Earnings Call Transcript

Jul 29, 2020 / 10:00AM GMT
Release Date Price: ₹149.62 (+0.94%)
Saurabh Mittal
Greenlam Industries Limited - MD, CEO & Director

Good afternoon, friends, and a very warm welcome to all of you all. I hope you're all keeping safe and healthy. On the call, I'm joined by Ashok, our CFO; Samarth, from the finance team and SGA, our Investor Relations adviser. The results and presentations are available on the stock exchanges and our company's website, and I hope everyone has had a chance to look at it.

The April to June quarter was impacted due to COVID. Due to the lockdown, sales in April were negligible. Towards the end of April, both the factories started, 28 April was the date we started the Behror plant and 26 April was the -- 25th was the date we started the Himachal plant, and the Head Office started from a couple of upsides in the 4th of May. And subsequently, various markets across the country started within the month of May, for which several markets, again, went down with some restrictions and lockdowns, et cetera.

So May and June did see recovery in sales. So June, in particular was nearly at a 90% level of what we did in June 2019. May

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