Grindwell Norton · NSE: GRINDWELL · BSE: 506076

Q3 FY21 results · Oct–Dec 2020

Grindwell Norton reported revenue from operations of ₹457.65 crore (up 11.6% from Q3 FY20) and net profit of ₹65.45 crore (up 39.3% from Q3 FY20) for Q3 FY21 (Oct–Dec 2020), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY21	Q3 FY20	YoY	Q2 FY21	QoQ
Revenue from operations	457.65	410.03	+11.6%	439.04	+4.2%
Other income	4.95	9.00	−45.0%	7.60	−34.9%
Total income	462.60	419.03	+10.4%	446.64	+3.6%
Profit before share of associates & JVs and tax	88.18	62.47	+41.2%	86.54	+1.9%
Share of profit/(loss) of associates & JVs	(0.03)	0.04		0.01
Net profit for the period	65.45	47.00	+39.3%	64.45	+1.6%
Attributable to shareholders of the company	65.94	46.28	+42.5%	64.29	+2.6%
EPS, basic (₹)	5.96	4.18	+42.6%	5.81	+2.6%
Net margin (%)	14.3	11.5		14.7

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q3 FY21	Q3 FY20	YoY	Q2 FY21	QoQ
Revenue from operations	457.20	400.31	+14.2%	437.79	+4.4%
Other income	4.94	9.55	−48.3%	7.61	−35.1%
Total income	462.14	409.86	+12.8%	445.40	+3.8%
Profit before tax	89.53	58.51	+53.0%	85.53	+4.7%
Net profit for the period	66.87	44.33	+50.8%	63.66	+5.0%
EPS, basic (₹)	6.04	4.00	+51.0%	5.75	+5.0%
Net margin (%)	14.6	11.1		14.5

Consolidated

Filed with BSE: 29 Jan 2021, 15:54 IST
Board meeting: 29 Jan 2021
Period: 01 Oct 2020 to 31 Dec 2020
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 29 Jan 2021, 15:54 IST
Board meeting: 29 Jan 2021
Period: 01 Oct 2020 to 31 Dec 2020
Review status: Unaudited
Source: XBRL filing on BSE