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.
| | 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 |