Grindwell Norton consolidated net profit rises 45.17% in the December 2017 quarter

Sales rise 16.55% to Rs 363.36 crore

Net profit of Grindwell Norton rose 45.17% to Rs 40.24 crore in the quarter ended December 2017 as against Rs 27.72 crore during the previous quarter ended December 2016. Sales rose 16.55% to Rs 363.36 crore in the quarter ended December 2017 as against Rs 311.77 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales363.36311.77 17 OPM %17.7414.10 -PBDT70.9352.80 34 PBT59.2042.53 39 NP40.2427.72 45

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