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Grindwell Norton consolidated net profit rises 29.23% in the September 2019 quarter

Capital Market

Sales decline 6.34% to Rs 388.54 crore

Net profit of Grindwell Norton rose 29.23% to Rs 52.08 crore in the quarter ended September 2019 as against Rs 40.30 crore during the previous quarter ended September 2018. Sales declined 6.34% to Rs 388.54 crore in the quarter ended September 2019 as against Rs 414.84 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales388.54414.84 -6 OPM %16.7317.06 -PBDT74.3775.44 -1 PBT59.8364.12 -7 NP52.0840.30 29

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First Published: Nov 06 2019 | 10:10 AM IST

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