Grindwell Norton consolidated net profit rises 42.48% in the December 2020 quarter

Sales rise 11.61% to Rs 453.90 crore

Net profit of Grindwell Norton rose 42.48% to Rs 65.94 crore in the quarter ended December 2020 as against Rs 46.28 crore during the previous quarter ended December 2019. Sales rose 11.61% to Rs 453.90 crore in the quarter ended December 2020 as against Rs 406.68 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales453.90406.68 12 OPM %21.5816.99 -PBDT102.0777.12 32 PBT88.1562.51 41 NP65.9446.28 42

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