Grindwell Norton consolidated net profit rises 12.18% in the March 2016 quarter

Sales rise 8.72% to Rs 321.34 crore

Net profit of Grindwell Norton rose 12.18% to Rs 30.57 crore in the quarter ended March 2016 as against Rs 27.25 crore during the previous quarter ended March 2015. Sales rose 8.72% to Rs 321.34 crore in the quarter ended March 2016 as against Rs 295.58 crore during the previous quarter ended March 2015.

For the full year,net profit rose 1.36% to Rs 104.61 crore in the year ended March 2016 as against Rs 103.21 crore during the previous year ended March 2015. Sales rose 4.21% to Rs 1175.49 crore in the year ended March 2016 as against Rs 1127.95 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales321.34295.58 9 1175.491127.95 4 OPM %16.5416.32 -15.4916.01 - PBDT57.8951.96 11 200.49195.40 3 PBT47.3241.42 14 158.56153.79 3 NP30.5727.25 12 104.61103.21 1

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