Grindwell Norton Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Grindwell Norton Limited has submitted its unaudited financial results for the quarter ended June 30, 2025, with a clean limited review report from Kalyaniwalla & Mistry LLP. Standalone revenue from operations grew marginally to ₹69,385.83 lakhs (from ₹69,093.72 lakhs in Q1 FY25, ~0.4% growth), while net profit rose to ₹9,439.42 lakhs (from ₹9,190.59 lakhs, ~2.7% growth). Consolidated revenue was largely flat at ₹70,345.57 lakhs with net profit of ₹9,444.12 lakhs. EPS stood at ₹8.53 for the quarter. The Digital Services segment showed the strongest growth at ~12% YoY, while Abrasives and Ceramics & Plastics were broadly flat. The Board also approved purchase of freehold land in Halol, Gujarat for up to ₹18 crores to support future business operations, with completion expected by March 31, 2026.
Results show a flat to mildly positive quarter with no major surprises, suggesting stable but unspectacular operational performance. The ₹18 crore land acquisition signals modest capacity/facility expansion plans, which is neutral to mildly positive for long-term growth but not a near-term earnings catalyst.