Grindwell Norton Limited has informed the Exchange regarding Financial Results for the quarter ended June 30,2025.
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Grindwell Norton announced its unaudited financial results for the quarter ended June 30, 2025, which were approved by the Board and reviewed by statutory auditors Kalyaniwalla & Mistry LLP with a clean (unqualified) report. Standalone revenue from operations came in at ₹693.86 crore, marginally up from ₹690.94 crore in the same quarter last year. Standalone net profit stood at ₹94.39 crore versus ₹91.91 crore YoY, with basic EPS of ₹8.53 against ₹8.30. Consolidated net profit was ₹94.44 crore. The Board also approved purchase of freehold land in Halol, Gujarat for up to ₹18 crore on a cash basis to support future business operations, with completion targeted by March 31, 2026.
Results show modest, stable growth with no major surprises — earnings in line with last year's levels. The land acquisition signals capacity expansion plans but at a small scale (₹18 crore), so near-term impact on shareholders is limited. No red flags from auditors and no related-party concerns were flagged.