top of page

Grindwell Norton Limited June-23 Quarter (Grindwell Norton), Revenue nearly remains regular by 0.5% to Rs.668 Crore and Profit shrinks by 1.6% to Rs.97 Crore.

00:00 / 00:04
download (4).png

Grindwell Norton Limited June-23 Quarter (Grindwell Norton), Revenue nearly remains regular by 0.5% to Rs.668 Crore and Profit shrinks by 1.6% to Rs.97 Crore.

Grindwell Norton, has reported a revenue of Rs.668 Crore, which has nearly maintains same by 0.5% as compared to previous quarter revenue of Rs.665 Crore. As compared to revenue of June-22, there is a increases sharply by 209.1% from Rs. 216 Crore. to Rs.668 Crore.

 


Grindwell Norton , Quarterly Profit has slip by 1.6% to Rs.97 Crore from Rs.98 Crore . Net Profit Margin of the company nearly remain flat from 14.8% to 14.5%.

On analysis, it is observed that this Quarter's EBITDA (Operating Profit) Margin has nearly remain flat to 20.2% from 19.4% . The reason for the nearly maintains same of EBITDA Margin is due to,

a) Cost to Revenue % of Cost of Sales has nearly stays similar to 45.3% (Previous Quarter: 45.0%). Cost of Sales in absolute terms has slightly changes from Rs.299 Crore to 303 Crore.

b) Cost to Revenue % of Employee Cost has shrinks to 11.9% (Previous Quarter: 12.7%). Employee Cost in absolute terms has dwindle from Rs.85 Crore to 80 Crore.

c) Cost to Revenue % of Other Expenses has nearly maintains to 22.6% (Previous Quarter: 22.8%). Other Expenses in absolute terms has nearly remain flat from Rs.152 Crore to 151 Crore.



The finance cost has zooms from Rs.1.84 Crore to 2.16 Crore by 17.4%.

Price to Earning (PE) ratio of the company is 67.77 as compared to the Industry PE of 66.34. PE is better placed which signifies that neither company is overvalue or undervalued. Companies Return on Equity (ROE) is 16.6% and Return of Capital Employed (ROCE) is 22.6%.

 

To summarize, Revenue has nearly maintains same by 0.5%. Gross Margin has slightly changes from 55.0% to 54.7%. EBITDA Margin has nearly remain flat to 20.2% from 19.4%. and Net Profit After Tax Margin has nearly remain flat from 14.8% to 14.5%.

The Brief of Quarterly Results is as follows:



Disclaimer : The information and analysis of financial results or financial statements are purely informative in nature and shall not be consider as any form of investment or any other sort of advice to buy / sell / hold any stock , units or any other financial instruments or advice to make any other form of decision whatsoever.

Hindustan Copper Limited June-23 Quarter (Hindustan Copper), Revenue turndowns by 33.7% to Rs.371 Crore and Profit turndowns by 64.3% to Rs.47 Crore.

00:00 / 00:04

Divi's Laboratories Limited June-23 Quarter (Divi's Laboratories), Revenue shrinks by 8.9% to Rs.1778 Crore and Profit soars by 10.9% to Rs.356 Crore.

00:00 / 00:04

Borosil Limited June-23 Quarter (Borosil), Revenue shrinks by 3.2% to Rs.251 Crore and Profit turndowns by 71.4% to Rs.6 Crore.

00:00 / 00:04

LUX INDUSTRIES LIMITED June-23 Quarter (LUX INDUSTRIES), Revenue turndowns by 27.2% to Rs.521 Crore and Profit turndowns by 49.3% to Rs.15 Crore.

00:00 / 00:04

Patanjali Foods Limited June-23 Quarter (Patanjali Foods), Revenue nearly remains regular by 1.3% to Rs.7767 Crore and Profit turndowns by 66.7% to Rs.88 Crore.

00:00 / 00:04

Oil & Natural Gas Corporation Limited June-23 Quarter (ONGC), Revenue nearly remains regular by 0.2% to Rs.163824 Crore and Profit flies by 204.9% to Rs.17383 Crore.

00:00 / 00:04

FSN E Commerce Ventures Limited June-23 Quarter (NYKAA), Revenue soars by 9.2% to Rs.1422 Crore and Profit flies by 183.8% to Rs.6 Crore.

00:00 / 00:04

NHPC Limited June-23 Quarter (NHPC), Revenue flies by 35.9% to Rs.2757 Crore and Profit flies by 103.1% to Rs.1056 Crore.

00:00 / 00:04

Chemcon Speciality Chemicals Limited June-23 Quarter (Chemcon Speciality Chemicals), Revenue nearly remains regular by 0.3% to Rs.79 Crore and Profit turndowns by 44.9% to Rs.6 Crore. 

00:00 / 00:04

Info Edge (India) Limited June-23 Quarter (Info Edge), Revenue soars by 3.5% to Rs.626 Crore and Profit flies by 129.3% to Rs.147 Crore.

00:00 / 00:04

AstraZeneca Pharma India Limited June-23 Quarter (AstraZeneca Pharma), Revenue soars by 3.8% to Rs.295 Crore and Profit flies by 212.4% to Rs.54 Crore.

00:00 / 00:04

Glenmark Pharmaceuticals Limited June-23 Quarter (Glenmark Pharma), Revenue nearly remains regular by 0.8% to Rs.3402 Crore and Profit flies by 143.0% to Rs.173 Crore.

00:00 / 00:04

Hindustan Aeronautics Limited June-23 Quarter (HAL), Revenue turndowns by 68.7% to Rs.3915 Crore and Profit turndowns by 71.3% to Rs.814 Crore.

00:00 / 00:04

Apollo Hospitals Enterprise Limited June-23 Quarter (Apollo Hospitals), Revenue soars by 2.7% to Rs.4418 Crore and Profit flies by 19.1% to Rs.173 Crore.

00:00 / 00:04

Cummins India Limited June-23 Quarter (Cummins India), Revenue zooms by 14.7% to Rs.2218 Crore and Profit nearly remains regular by 1.4% to Rs.354 Crore

00:00 / 00:04

Balrampur Chini Mills Limited June-23 Quarter (Balrampur Chini), Revenue slides by 6.8% to Rs.1390 Crore and Profit turndowns by 71.4% to Rs.73 Crore

00:00 / 00:04

Wockhardt Limited June-23 Quarter (Wockhardt Pharma), Revenue shrinks by 5.0% to Rs.644 Crore and Loss flies by 42.6% to Rs.-136 Crore.

00:00 / 00:04

Jai Corp Limited June-23 Quarter (Jai Corp), Revenue shrinks by 7.4% to Rs.116 Crore and Profit flies by 114.2% to Rs.6 Crore.

00:00 / 00:04

Godrej Industries Limited June-23 Quarter (Godrej Industries), Revenue shrinks by 7.1% to Rs.4506 Crore and Profit turndowns by 48.2% to Rs.291 Crore.

00:00 / 00:04

Bharat Forge Limited June-23 Quarter (Bharat Forge), Revenue soars by 6.8% to Rs.3877 Crore and Profit flies by 67.3% to Rs.214 Crore.

00:00 / 00:04

Emami Limited June-23 Quarter (Emami), Revenue nearly remain flat by 6% to Rs.826 Crore and Profit shrinks by 3.4% to Rs.137 Crore                                                          

00:00 / 00:04

Parag Milk Foods Limited June-23 Quarter (Parag Milk Foods), Revenue slides by 7.9% to Rs.738 Crore and Profit turndowns by 75.6% to Rs.5 Crore

00:00 / 00:04
bottom of page