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Grindwell Norton standalone net profit rises 45.28% in the June 2018 quarter

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Capital Market

Sales rise 12.83% to Rs 371.06 crore

Net profit of Grindwell Norton rose 45.28% to Rs 42.45 crore in the quarter ended June 2018 as against Rs 29.22 crore during the previous quarter ended June 2017. Sales rose 12.83% to Rs 371.06 crore in the quarter ended June 2018 as against Rs 328.86 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales371.06328.86 13 OPM %17.8414.89 -PBDT75.2955.23 36 PBT65.0644.96 45 NP42.4529.22 45

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First Published: Jul 27 2018 | 4:55 PM IST

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