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Grindwell Norton standalone net profit rises 48.05% in the December 2017 quarter

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Capital Market

Sales rise 16.74% to Rs 355.57 crore

Net profit of Grindwell Norton rose 48.05% to Rs 39.38 crore in the quarter ended December 2017 as against Rs 26.60 crore during the previous quarter ended December 2016. Sales rose 16.74% to Rs 355.57 crore in the quarter ended December 2017 as against Rs 304.57 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales355.57304.57 17 OPM %17.4313.60 -PBDT69.0750.66 36 PBT58.0240.98 42 NP39.3826.60 48

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First Published: Feb 02 2018 | 5:36 PM IST

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