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Grindwell Norton consolidated net profit rises 12.98% in the September 2018 quarter

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Capital Market

Sales rise 21.08% to Rs 414.84 crore

Net profit of Grindwell Norton rose 12.98% to Rs 40.66 crore in the quarter ended September 2018 as against Rs 35.99 crore during the previous quarter ended September 2017. Sales rose 21.08% to Rs 414.84 crore in the quarter ended September 2018 as against Rs 342.61 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales414.84342.61 21 OPM %17.0616.90 -PBDT75.4465.25 16 PBT64.1254.19 18 NP40.6635.99 13

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First Published: Nov 01 2018 | 5:20 PM IST

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