Grindwell Norton · NSE: GRINDWELL · BSE: 506076

Q4 FY23 results · Jan–Mar 2023

Grindwell Norton reported revenue from operations of ₹664.80 crore (up 19.0% from Q4 FY22) and net profit of ₹98.49 crore (up 9.2% from Q4 FY22) for Q4 FY23 (Jan–Mar 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q4 FY23	Q4 FY22	YoY	Q3 FY23	QoQ
Revenue from operations	664.80	558.87	+19.0%	603.88	+10.1%
Other income	21.16	11.56	+83.0%	9.05	+133.8%
Total income	685.96	570.43	+20.3%	612.93	+11.9%
Profit before share of associates & JVs and tax	133.32	119.93	+11.2%	108.48	+22.9%
Share of profit/(loss) of associates & JVs	(0.43)	0.00		(0.45)
Net profit for the period	98.49	90.16	+9.2%	79.97	+23.2%
Attributable to shareholders of the company	99.23	89.72	+10.6%	80.19	+23.7%
EPS, basic (₹)	8.96	8.10	+10.6%	7.24	+23.8%
Net margin (%)	14.8	16.1		13.2

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	Q4 FY23	Q4 FY22	YoY	Q3 FY23	QoQ
Revenue from operations	615.66	555.97	+10.7%	554.77	+11.0%
Other income	21.45	11.53	+86.0%	4.03	+432.3%
Total income	637.11	567.50	+12.3%	558.80	+14.0%
Profit before tax	132.74	119.28	+11.3%	98.46	+34.8%
Net profit for the period	98.88	88.70	+11.5%	73.50	+34.5%
EPS, basic (₹)	8.93	8.01	+11.5%	6.64	+34.5%
Net margin (%)	16.1	16.0		13.2

Consolidated

Filed with BSE: 08 May 2023, 14:57 IST
Board meeting: 06 May 2023
Period: 01 Jan 2023 to 31 Mar 2023
Review status: Audited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 08 May 2023, 14:57 IST
Board meeting: 06 May 2023
Period: 01 Jan 2023 to 31 Mar 2023
Review status: Audited
Source: XBRL filing on BSE