Grindwell Norton standalone net profit rises 9.83% in the March 2017 quarter

Sales rise 4.47% to Rs 318.72 crore

Net profit of Grindwell Norton rose 9.83% to Rs 32.75 crore in the quarter ended March 2017 as against Rs 29.82 crore during the previous quarter ended March 2016. Sales rose 4.47% to Rs 318.72 crore in the quarter ended March 2017 as against Rs 305.09 crore during the previous quarter ended March 2016.

For the full year,net profit rose 13.58% to Rs 116.01 crore in the year ended March 2017 as against Rs 102.14 crore during the previous year ended March 2016. Sales rose 9.72% to Rs 1228.16 crore in the year ended March 2017 as against Rs 1119.37 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales318.72305.09 4 1228.161119.37 10 OPM %15.5516.22 -14.7215.01 - PBDT57.3855.53 3 212.58191.95 11 PBT46.5945.28 3 172.75155.10 11 NP32.7529.82 10 116.01102.14 14

Powered by Capital Market - Live News