Grindwell Norton standalone net profit rises 7.73% in the March 2016 quarter

Sales rise 8.34% to Rs 314.22 crore

Net profit of Grindwell Norton rose 7.73% to Rs 29.12 crore in the quarter ended March 2016 as against Rs 27.03 crore during the previous quarter ended March 2015. Sales rose 8.34% to Rs 314.22 crore in the quarter ended March 2016 as against Rs 290.04 crore during the previous quarter ended March 2015.

For the full year,net profit rose 0.49% to Rs 101.52 crore in the year ended March 2016 as against Rs 101.02 crore during the previous year ended March 2015. Sales rose 4.39% to Rs 1151.82 crore in the year ended March 2016 as against Rs 1103.42 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales314.22290.04 8 1151.821103.42 4 OPM %15.4715.27 -14.4714.96 - PBDT54.2749.37 10 188.87184.57 2 PBT44.6240.41 10 152.67149.23 2 NP29.1227.03 8 101.52101.02 0

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