{"id":142034,"date":"2023-02-16T06:30:00","date_gmt":"2023-02-16T11:30:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142034"},"modified":"2023-02-16T07:56:30","modified_gmt":"2023-02-16T12:56:30","slug":"earnings-summary-of-grindwell-norton-for-q3-fy23","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-summary-of-grindwell-norton-for-q3-fy23\/","title":{"rendered":"Earnings Summary Of Grindwell Norton For Q3 FY23"},"content":{"rendered":"

Grindwell Norton<\/a> (NSE: GRINDWELL) is a leading manufacturer of abrasives, ceramics, and high-performance refractories. The company was established in 1941 and is a part of the Saint-Gobain Group. Grindwell Norton has a strong presence in India and also exports its products to over 50 countries worldwide. The company’s products are used in a wide range of applications, including cutting, grinding, polishing, and surface finishing.<\/p>\n

In terms of earnings, Revenue from Operations for Q3 FY23 was \u20b9599.87 crore, a 20% increase from \u20b9499.75 crore in the same period last year. The Consolidated Net Profit was \u20b979.97 crore, up 15% from \u20b969.65 crore in the same quarter last year. This quarter\u2019s earnings per share was \u20b97.24. The Abrasives segment is the largest contributor to Grindwell Norton’s revenue, and in Q3 2022, it reported revenue growth of 9% year on year up to \u20b9308.89 crore. The Ceramics segment also performed well, with revenue growth of 39% compared to the same quarter previous year. The IT services and Others segment reported revenue of \u20b940.91 Crore & \u20b913.42 crore respectively.<\/p>\n\n\n

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Grindwell Norton (NSE: GRINDWELL) is a leading manufacturer of abrasives, ceramics, and high-performance refractories. The company was established in 1941 and is a part of the Saint-Gobain Group. Grindwell Norton has a strong presence in India and also exports its products to over 50 countries worldwide. The company’s products are used in a wide range […]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392],"tags":[11634,11612],"class_list":["post-142034","post","type-post","status-publish","format-standard","hentry","category-earnings","tag-abrasive","tag-ceramic"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":145295,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-grindwell-norton-limited-for-q4-fy23\/","url_meta":{"origin":142034,"position":0},"title":"Earnings Summary Of Grindwell Norton Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 8, 2023","format":false,"excerpt":"Grindwell Norton Limited is an Indian manufacturer of abrasives, ceramics, and high-performance plastics. Grindwell Norton has two main segments: Abrasives and Ceramics. The Abrasives segment is engaged in the manufacturing and sale of bonded, coated, and super-abrasives products used for grinding, honing, and polishing applications. 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The company serves diverse industrial segments with a focus on quality, innovation, and customer-centric solutions. Q1 FY26 Earnings Summary (Apr\u2013Jun 2025) Revenue:\u00a0\u20b9703 crore, down 0.42% year-on-year (YoY)\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/U-15.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/U-15.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/U-15.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/U-15.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/U-15.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/U-15.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":165701,"url":"https:\/\/alphastreet.com\/india\/grindwell-norton-ltd-q2fy25-5-fall-in-profits\/","url_meta":{"origin":142034,"position":2},"title":"Grindwell Norton Ltd Q2FY25; 5% fall in Profits","author":"Divyansh_Kasana","date":"November 19, 2024","format":false,"excerpt":"Grindwell Norton Limited is engaged in the business of manufacturing Abrasives, Ceramics & Plastics and providing IT Services. 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