Grindwell Norton standalone net profit rises 6.79% in the March 2022 quarter

Sales rise 9.55% to Rs 555.97 crore

Net profit of Grindwell Norton rose 6.79% to Rs 88.70 crore in the quarter ended March 2022 as against Rs 83.06 crore during the previous quarter ended March 2021. Sales rose 9.55% to Rs 555.97 crore in the quarter ended March 2022 as against Rs 507.51 crore during the previous quarter ended March 2021.

For the full year,net profit rose 23.10% to Rs 298.00 crore in the year ended March 2022 as against Rs 242.08 crore during the previous year ended March 2021. Sales rose 22.83% to Rs 2005.62 crore in the year ended March 2022 as against Rs 1632.90 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales555.97507.51 10 2005.621632.90 23 OPM %22.0222.46 -20.0319.83 - PBDT131.96125.39 5 450.86371.53 21 PBT119.28112.14 6 399.62319.64 25 NP88.7083.06 7 298.00242.08 23

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