Grindwell Norton consolidated net profit rises 20.02% in the September 2016 quarter

Sales rise 12.61% to Rs 309.55 crore

Net profit of Grindwell Norton rose 20.02% to Rs 29.49 crore in the quarter ended September 2016 as against Rs 24.57 crore during the previous quarter ended September 2015. Sales rose 12.61% to Rs 309.55 crore in the quarter ended September 2016 as against Rs 274.88 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales309.55274.88 13 OPM %14.8215.52 -PBDT53.5447.76 12 PBT43.2137.21 16 NP29.4924.57 20

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