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Grindwell Norton standalone net profit rises 22.44% in the September 2017 quarter

Capital Market

Sales rise 11.37% to Rs 338.04 crore

Net profit of Grindwell Norton rose 22.44% to Rs 34.87 crore in the quarter ended September 2017 as against Rs 28.48 crore during the previous quarter ended September 2016. Sales rose 11.37% to Rs 338.04 crore in the quarter ended September 2017 as against Rs 303.54 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales338.04303.54 11 OPM %16.3114.06 -PBDT63.1251.44 23 PBT52.6941.73 26 NP34.8728.48 22

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

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