Grindwell Norton consolidated net profit rises 15.73% in the June 2016 quarter

Sales rise 8.26% to Rs 309.43 crore

Net profit of Grindwell Norton rose 15.73% to Rs 29.50 crore in the quarter ended June 2016 as against Rs 25.49 crore during the previous quarter ended June 2015. Sales rose 8.26% to Rs 309.43 crore in the quarter ended June 2016 as against Rs 285.81 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales309.43285.81 8 OPM %16.2815.60 -PBDT55.6049.57 12 PBT45.3739.25 16 NP29.5025.49 16

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