Grindwell Norton - Quarterly Results
6th May 2022

The March 2022 quarter revenue stood at Rs. 5559.70 millions, up 9.55% as compared to Rs. 5075.10 millions during the corresponding quarter last year.A slim rise of 6.79% was recorded in the Net profit for the quarter ended March 2022 to Rs. 887.00  millions  From Rs. 830.60 millions.The company reported a good operating profit of 1339.60 millions compared to 1264.30 millions of corresponding previous quarter.



(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 5559.70 5075.10 9.55 20056.20 16329.00 22.83 20056.20 16329.00 22.83
Other Income 115.30 124.40 -7.32 530.60 509.70 4.10 530.60 509.70 4.10
PBIDT 1339.60 1264.30 5.96 4548.20 3747.70 21.36 4548.20 3747.70 21.36
Interest 20.00 10.40 92.31 39.60 32.40 22.22 39.60 32.40 22.22
PBDT 1319.60 1253.90 5.24 4508.60 3715.30 21.35 4508.60 3715.30 21.35
Depreciation 126.80 132.50 -4.30 512.40 518.90 -1.25 512.40 518.90 -1.25
PBT 1192.80 1121.40 6.37 3996.20 3196.40 25.02 3996.20 3196.40 25.02
TAX 305.80 290.80 5.16 1016.20 775.60 31.02 1016.20 775.60 31.02
Deferred Tax -64.50 20.50 -414.63 -61.80 -11.80 423.73 -61.80 -11.80 423.73
PAT 887.00 830.60 6.79 2980.00 2420.80 23.10 2980.00 2420.80 23.10
Equity 553.60 553.60 0.00 553.60 553.60 0.00 553.60 553.60 0.00
PBIDTM(%) 24.09 24.91 -3.28 22.68 22.95 -1.19 22.68 22.95 -1.19