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Grindwell Norton consolidated net profit rises 22.04% in the September 2017 quarter

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Capital Market

Sales rise 10.68% to Rs 342.61 crore

Net profit of Grindwell Norton rose 22.04% to Rs 35.99 crore in the quarter ended September 2017 as against Rs 29.49 crore during the previous quarter ended September 2016. Sales rose 10.68% to Rs 342.61 crore in the quarter ended September 2017 as against Rs 309.55 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales342.61309.55 11 OPM %16.9014.82 -PBDT65.2553.54 22 PBT54.1943.21 25 NP35.9929.49 22

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First Published: Nov 01 2017 | 5:28 PM IST

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