Grindwell Norton Limited, engaged in manufacturing abrasives, ceramics & plastics and providing IT services, reported solid financial performance in Q2FY26.
Financial Highlights:
- Revenues increased 11.67% year-on-year to ₹775 crore from ₹694 crore.
- Total expenses rose 12.2% to ₹662 crore from ₹590 crore.
- Consolidated net profit grew 10.31% to ₹107 crore from ₹97 crore.
- Earnings per share improved 11.05% to ₹9.65 from ₹8.69.
Demand strength across core segments drove topline expansion, while slightly faster expense increases led to modest margin pressure but still supported double-digit profit growth.
Outlook:
Grindwell Norton Ltd targets sustained demand recovery, capacity utilization, and product innovation to drive future profitability.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
