Grindwell Norton consolidated net profit rises 12.19% in the December 2019 quarter

Capital Market 

Sales rise 4.92% to Rs 406.68 crore

Net profit of Grindwell Norton rose 12.19% to Rs 46.28 crore in the quarter ended December 2019 as against Rs 41.25 crore during the previous quarter ended December 2018. Sales rose 4.92% to Rs 406.68 crore in the quarter ended December 2019 as against Rs 387.62 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales406.68387.62 5 OPM %16.9916.52 -PBDT77.1274.76 3 PBT62.5163.22 -1 NP46.2841.25 12

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First Published: Wed, February 05 2020. 12:52 IST