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Grindwell Norton standalone net profit rises 24.33% in the March 2015 quarter

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Capital Market

Sales rise 17.35% to Rs 290.04 crore

Net profit of Grindwell Norton rose 24.33% to Rs 27.03 crore in the quarter ended March 2015 as against Rs 21.74 crore during the previous quarter ended March 2014. Sales rose 17.35% to Rs 290.04 crore in the quarter ended March 2015 as against Rs 247.15 crore during the previous quarter ended March 2014.

For the full year,net profit rose 22.72% to Rs 101.02 crore in the year ended March 2015 as against Rs 82.32 crore during the previous year ended March 2014. Sales rose 18.04% to Rs 1103.42 crore in the year ended March 2015 as against Rs 934.75 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales290.04247.15 17 1103.42934.75 18 OPM %15.2713.65 -14.9614.06 - PBDT49.3738.78 27 184.57145.81 27 PBT40.4131.98 26 149.23119.87 24 NP27.0321.74 24 101.0282.32 23

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First Published: May 15 2015 | 8:43 AM IST

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