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Grindwell Norton standalone net profit rises 13.72% in the June 2016 quarter

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Capital Market

Sales rise 7.65% to Rs 301.33 crore

Net profit of Grindwell Norton rose 13.72% to Rs 28.18 crore in the quarter ended June 2016 as against Rs 24.78 crore during the previous quarter ended June 2015. Sales rose 7.65% to Rs 301.33 crore in the quarter ended June 2016 as against Rs 279.92 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales301.33279.92 8 OPM %15.6214.64 -PBDT53.1046.98 13 PBT43.4538.24 14 NP28.1824.78 14

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First Published: Jul 28 2016 | 5:08 PM IST

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