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Grindwell Norton net profit declines 16.08% in the March 2013 quarter

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Capital Market
Net profit of Grindwell Norton declined 16.08% to Rs 25.37 crore in the quarter ended March 2013 as against Rs 30.23 crore during the previous quarter ended March 2012. Sales declined 3.41% to Rs 226.28 crore in the quarter ended March 2013 as against Rs 234.27 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 5.75% to Rs 97.67 crore in the year ended March 2013 as against Rs 103.63 crore during the previous year ended March 2012. Sales rose 3.33% to Rs 913.78 crore in the year ended March 2013 as against Rs 884.34 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales226.28234.27 -3 913.78884.34 3 OPM %15.4418.56 -17 15.7117.22 -9 PBDT38.7347.13 -18 155.47165.66 -6 PBT33.1443.00 -23 136.05148.98 -9 NP25.3730.23 -16 97.67103.63 -6

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First Published: May 04 2013 | 2:55 PM IST

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