Please find attached Financial Results for the quarter and financial year ended March 31, 2026.
GRINDWELL · price
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Grindwell Norton reported standalone revenue of ₹3,02,587 lakh for FY26, up 10.5% YoY from ₹2,73,736 lakh. Net profit grew 14.3% to ₹41,260 lakh from ₹36,083 lakh. Consolidated revenue was ₹3,07,319 lakh with consolidated net profit of ₹41,566 lakh (owners' share). The board recommended dividend of ₹19 per share (380%). Auditor Kalyaniwalla & Mistry LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The company has subsidiaries in Bhutan, a joint venture (Advanced Synthetic Minerals), and an associate (Cleanwin Energy Three LLP). Segment performance showed growth across Abrasives, Ceramics & Plastics, and Digital Services.
Solid financial performance with double-digit revenue and profit growth. Clean audit with no qualifications is positive for investor confidence. Dividend payout maintained at ₹19/share reflecting consistent shareholder returns.