Grindwell Norton (506076) Q1 25/26 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, were reviewed and approved by the Board on July 25, 2025.

• Limited review reports from statutory auditors confirm compliance with accounting standards and no material misstatements.

• Board approved the purchase of land in Halol, Gujarat, for up to ₹18 crores to support future business operations.

Financial highlights

• Standalone revenue from operations for Q1 FY26 was ₹69,385.83 lakhs, with total income at ₹71,768.33 lakhs.

• Standalone net profit for the quarter was ₹9,439.42 lakhs, up from ₹9,132.78 lakhs in the previous quarter.

• Consolidated revenue from operations for Q1 FY26 was ₹70,345.57 lakhs, with total income at ₹72,728.07 lakhs.

• Consolidated net profit for the quarter was ₹9,444.12 lakhs, compared to ₹9,283.86 lakhs in the previous quarter.

• Basic and diluted EPS (standalone) for the quarter was ₹8.53.

Outlook and guidance

• The land acquisition in Halol, Gujarat, is intended to support future business expansion, with completion expected by March 31, 2026.