Grindwell Norton consolidated net profit rises 13.78% in the March 2015 quarter

Sales rise 15.83% to Rs 295.58 crore

Net profit of Grindwell Norton rose 13.78% to Rs 27.25 crore in the quarter ended March 2015 as against Rs 23.95 crore during the previous quarter ended March 2014. Sales rose 15.83% to Rs 295.58 crore in the quarter ended March 2015 as against Rs 255.18 crore during the previous quarter ended March 2014.

For the full year,net profit rose 22.99% to Rs 103.21 crore in the year ended March 2015 as against Rs 83.92 crore during the previous year ended March 2014. Sales rose 17.70% to Rs 1127.95 crore in the year ended March 2015 as against Rs 958.36 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales295.58255.18 16 1127.95958.36 18 OPM %16.3214.86 -16.0115.03 - PBDT51.9641.69 25 195.40153.73 27 PBT41.4233.35 24 153.79121.90 26 NP27.2523.95 14 103.2183.92 23

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