Grindwell Norton's Q2 FY 2025-26 Quarterly Results

Result Summary

• Grindwell Norton Ltd reported a 10.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.3%.
• Its expenses for the quarter were up by 10.1% QoQ and 12.3% YoY.
• The net profit increased 13.8% QoQ and increased 10.6% YoY.
• The earnings per share (EPS) of Grindwell Norton Ltd stood at 9.65 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Grindwell Norton Ltd is a prominent player in the abrasives industry, primarily focusing on manufacturing and supplying a wide range of abrasive products. The company is integral to various industrial applications, providing solutions that cater to sectors such as automotive, construction, and manufacturing. Their product portfolio includes bonded abrasives, coated abrasives, and non-woven products. As a part of the Saint-Gobain Group, Grindwell Norton benefits from global expertise and innovation in materials science. While specific recent developments for the company are not detailed in the provided data, the company continues to uphold its reputation for quality and reliability in the market.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Grindwell Norton Ltd reported a total income of ₹805.73 crores. This figure represents a substantial increase of 10.8% from the previous quarter (Q1FY26), where the total income was ₹727.28 crores. Moreover, when compared to the same quarter in the previous fiscal year (Q2FY25), there is a year-over-year rise of 12.3% from ₹717.28 crores. This upward trajectory in revenue indicates a robust growth pattern, reflecting the company's effective market strategies and possibly an increased demand for its products.

Profitability

For Q2FY26, Grindwell Norton Ltd achieved a profit before tax of ₹143.17 crores, marking a 14.0% increase from ₹125.64 crores in Q1FY26 and a 12.3% rise from ₹127.54 crores in Q2FY25. After accounting for taxes, the company's profit after tax stood at ₹107.43 crores, which is a 13.8% improvement from the previous quarter's ₹94.44 crores and a 10.6% increase from ₹97.09 crores in the corresponding quarter of the previous year. Furthermore, the earnings per share (EPS) increased to ₹9.65 in Q2FY26, reflecting a 13.1% growth from Q1FY26 and an 11.0% increase year-over-year from Q2FY25. These figures highlight a consistent enhancement in the company's profitability metrics.

Operating Metrics

Total expenses for Grindwell Norton Ltd in Q2FY26 amounted to ₹662.56 crores, which indicates a 10.1% increase from ₹601.64 crores in Q1FY26 and a 12.3% increase from ₹589.74 crores in Q2FY25. The tax expense raised to ₹35.82 crores, up by 14.0% from the previous quarter's ₹31.43 crores and a 17.8% rise from ₹30.42 crores in the same quarter last year. These figures suggest a rise in operational costs and tax liabilities in line with the overall increase in income and profitability. The data reflects the company's ability to manage costs while growing its revenue base, indicating efficient operational management.