Grindwell Norton Q3 Results 2025 on 15 Feb, 2025: profit falls by 5.79% YOY, profit at ₹86.82 crore and revenue at ₹702.61 crore
Grindwell Norton Q3 Results 2025 on 15 Feb, 2025: Revenue increased by 6.47% YoY & profit decreased by 5.79% YoY, profit at ₹86.82 crore and revenue at ₹702.61 crore
Grindwell Norton Q3 Results 2025:Grindwell Norton declared their Q3 results on 13 Feb, 2025, showing a topline increase of 6.47% year-over-year. However, the profit experienced a decline of 5.79% year-over-year, with profit recorded at ₹86.82 crore and revenue at ₹702.61 crore. In comparison to the previous quarter, revenue grew by 1.26% while profit saw a decrease of 9.73%.
The Selling, general & administrative expenses reflected a slight decline of 0.29% quarter-over-quarter, but showed an increase of 5.15% year-over-year. The operating income also took a hit, down by 6.08% quarter-over-quarter and decreased by 9.01% year-over-year.
The Earnings Per Share (EPS) for Q3 stands at ₹7.84, which marks a 6% decline year-over-year. Grindwell Norton has experienced a -13.45% return in the last week, -31.4% return over the past six months, and a -13.99% year-to-date return.
As of 15 Feb, 2025, Grindwell Norton boasts a market capitalization of ₹17767.7 crore, with a 52-week high of ₹2960 and a low of ₹1638.45. Out of three analysts covering the company, one has given a Sell rating, another a Hold rating, and one a Strong Buy rating.
The consensus recommendation as of 15 Feb, 2025, is to Hold, indicating a cautious outlook from analysts on the company's future performance.
Grindwell Norton Financials
| Period | Q3 (FY25) | Q2 (FY25) | Q-o-Q Growth | Q3 (FY24) | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 702.61 | 693.87 | +1.26% | 659.94 | +6.47% |
| Selling/ General/ Admin Expenses Total | 82.26 | 82.5 | -0.29% | 78.23 | +5.15% |
| Depreciation/ Amortization | 23.49 | 22.82 | +2.94% | 17.61 | +33.39% |
| Total Operating Expense | 602.66 | 587.45 | +2.59% | 550.09 | +9.56% |
| Operating Income | 99.95 | 106.42 | -6.08% | 109.85 | -9.01% |
| Net Income Before Taxes | 116.15 | 127.51 | -8.91% | 122.39 | -5.1% |
| Net Income | 86.82 | 96.18 | -9.73% | 92.16 | -5.79% |
| Diluted Normalized EPS | 7.84 | 8.69 | -9.78% | 8.34 | -6% |
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