Grindwell Norton net profit declines 10.36% in the June 2013 quarter

Sales decline 3.96% to Rs 215.78 crore

Net profit of Grindwell Norton declined 10.36% to Rs 21.71 crore in the quarter ended June 2013 as against Rs 24.22 crore during the previous quarter ended June 2012. Sales declined 3.96% to Rs 215.78 crore in the quarter ended June 2013 as against Rs 224.68 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales215.78224.68 -4 OPM %16.1316.06 0 PBDT37.2238.82 -4 PBT31.3734.65 -9 NP21.7124.22 -10

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