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Grindwell Norton standalone net profit declines 12.36% in the December 2015 quarter

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Sales rise 1.16% to Rs 274.70 crore

Net profit of Grindwell Norton declined 12.36% to Rs 21.98 crore in the quarter ended December 2015 as against Rs 25.08 crore during the previous quarter ended December 2014. Sales rose 1.16% to Rs 274.70 crore in the quarter ended December 2015 as against Rs 271.55 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales274.70271.55 1 OPM %13.4915.21 -PBDT41.6845.28 -8 PBT32.8036.84 -11 NP21.9825.08 -12

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First Published: Feb 02 2016 | 3:32 PM IST

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