Grindwell Norton net profit declines 15.40% in the September 2013 quarter

Sales decline 1.87% to Rs 225.14 crore

Net profit of Grindwell Norton declined 15.40% to Rs 20.32 crore in the quarter ended September 2013 as against Rs 24.02 crore during the previous quarter ended September 2012. Sales declined 1.87% to Rs 225.14 crore in the quarter ended September 2013 as against Rs 229.44 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales225.14229.44 -2 OPM %14.3415.76 -PBDT35.9438.49 -7 PBT29.4834.13 -14 NP20.3224.02 -15

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