Grindwell Norton Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue increased from ₹667.40 Cr to ₹705.60 Cr in Q4, showing strong growth trajectory.
Operating profit margin improved, reflecting better operational efficiency despite rising expenses.
Net profit rebounded to ₹97.09 Cr in Q4, indicating recovery from Q3's low of ₹92.09 Cr.

NEGATIVES

Expenses increased in Q4, rising to ₹596.36 Cr, which could pressure profit margins.
Net profit for Q4 is still below the previous year's Q4, indicating potential stagnation.
Operating profit decreased from ₹112.70 Cr in Q3 to ₹109.24 Cr in Q4, showing signs of strain.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	668.35	667.40	659.94	691.08	705.60	693.87	702.61	709.51	703.46	774.74
Expenses	533.15	535.97	532.13	566.08	572.47	564.63	579.16	582.19	573.57	634.07
Operating Profit	135.20	131.43	127.81	124.99	133.13	129.24	123.45	127.32	129.89	140.67
Other Income	14.60	22.59	13.83	17.29	15.77	23.41	17.95	22.74	23.82	30.99
Interest	2.16	1.81	1.92	1.87	2.46	2.29	2.10	2.50	2.17	2.16
Depreciation	16.69	16.92	17.61	19.66	21.44	22.82	23.49	24.89	25.91	26.33
Profit Before Tax	130.27	135.40	122.39	120.28	125.41	127.51	116.15	122.90	125.87	143.25
Tax	33.39	33.09	30.30	27.60	32.04	30.41	28.19	30.06	31.43	35.82
Net Profit	96.88	102.31	92.09	92.68	93.37	97.09	87.97	92.84	94.44	107.43
Eps in Rs	8.76	9.20	8.32	8.36	8.42	8.69	7.84	8.36	8.53	9.65