Grindwell Norton (506076) Q3 25/26 earnings summary

Executive summary

• Unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2025, were reviewed and approved by the Board on February 6, 2026.

• Results include the parent, its subsidiary Saint-Gobain Ceramic Materials Bhutan Pvt Ltd, and joint venture Advanced Synthetic Minerals Pvt Ltd.

Financial highlights

• Consolidated revenue from operations for Q3 FY26 was ₹75,278.47 lakhs, up from ₹70,260.64 lakhs in Q3 FY25; nine-month revenue was ₹2,23,097.59 lakhs, up from ₹2,10,207.75 lakhs year-over-year.

• Consolidated net profit for Q3 FY26 was ₹9,557.98 lakhs, compared to ₹8,796.75 lakhs in Q3 FY25; nine-month net profit was ₹29,745.08 lakhs, up from ₹27,842.82 lakhs year-over-year.

• Standalone net profit for Q3 FY26 was ₹9,399.98 lakhs, up from ₹8,355.42 lakhs in Q3 FY25; nine-month standalone net profit was ₹29,351.23 lakhs, up from ₹26,950.28 lakhs year-over-year.

• Basic and diluted EPS for Q3 FY26 (consolidated) stood at ₹8.60, up from ₹7.84 in Q3 FY25.

Outlook and guidance

• The company recognized estimated incremental gratuity obligations of ₹100.27 lakhs due to the new Labour Codes effective November 21, 2025, with further impact to be recognized upon notification of detailed rules.