Grindwell Norton consolidated net profit declines 10.51% in the December 2015 quarter

Sales rise 0.60% to Rs 279.17 crore

Net profit of Grindwell Norton declined 10.51% to Rs 22.73 crore in the quarter ended December 2015 as against Rs 25.40 crore during the previous quarter ended December 2014. Sales rose 0.60% to Rs 279.17 crore in the quarter ended December 2015 as against Rs 277.51 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales279.17277.51 1 OPM %14.6215.97 -PBDT44.5847.40 -6 PBT34.0437.39 -9 NP22.7325.40 -11

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