Grindwell Norton (506076) Q3 24/25 earnings summary

Executive summary

• Unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2024, were reviewed and approved by the Board on February 13, 2025.

• Results include the parent, a subsidiary, and joint ventures, with a recent change in JV holdings due to a stake sale.

Financial highlights

• Consolidated revenue from operations for Q3 FY25 was ₹70,260.64 lakhs, up from ₹65,993.70 lakhs in Q3 FY24.

• Consolidated net profit for Q3 FY25 was ₹8,796.75 lakhs, compared to ₹9,208.66 lakhs in Q3 FY24.

• For the nine months ended December 31, 2024, consolidated revenue was ₹2,10,207.75 lakhs and net profit was ₹27,842.82 lakhs.

• Standalone revenue for Q3 FY25 was ₹68,321.15 lakhs, with net profit at ₹8,355.42 lakhs.

• Basic and diluted EPS for Q3 FY25 were ₹7.84 (consolidated) and ₹7.55 (standalone).

Outlook and guidance

• No explicit forward-looking guidance provided, but continued focus on core segments and operational efficiency is implied.