Grindwell Norton (506076) Q1 26/27 earnings summary

Executive summary

• Consolidated revenue from operations for Q1 FY27 was ₹80,329.30 lakhs, up from ₹70,345.57 lakhs in Q1 FY26, reflecting strong year-over-year growth.

• Net profit attributable to owners for the quarter was ₹11,551.33 lakhs, compared to ₹9,445.11 lakhs in Q1 FY26.

• The results include contributions from a subsidiary and a joint venture, with the subsidiary posting a minor loss and the joint venture a small profit.

Financial highlights

• Total income for the quarter was ₹82,787.23 lakhs, up from ₹72,728.07 lakhs year-over-year.

• Profit before tax stood at ₹15,412.71 lakhs, compared to ₹12,587.22 lakhs in Q1 FY26.

• Basic and diluted EPS for the quarter were ₹10.43, up from ₹8.53 in Q1 FY26.

• Total comprehensive income attributable to owners was ₹12,641.07 lakhs.

Outlook and guidance

• The Board and Audit Committee have reviewed and approved the results, indicating continued focus on compliance and governance.