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Grindwell Norton standalone net profit rises 14.68% in the September 2018 quarter

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Capital Market

Sales rise 20.09% to Rs 405.96 crore

Net profit of Grindwell Norton rose 14.68% to Rs 39.99 crore in the quarter ended September 2018 as against Rs 34.87 crore during the previous quarter ended September 2017. Sales rose 20.09% to Rs 405.96 crore in the quarter ended September 2018 as against Rs 338.04 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales405.96338.04 20 OPM %16.8016.31 -PBDT73.4663.12 16 PBT62.8852.69 19 NP39.9934.87 15

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First Published: Nov 01 2018 | 5:19 PM IST

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