Grindwell Norton Approves Q1 Financial Results for FY2026; Highlights Steady Revenue Growth
Grindwell Norton Limited announced the approval of its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved both the standalone and consolidated financial results, along with the Limited Review Reports issued by Kalyaniwalla & Mistry LLP, the Statutory Auditors of the Company.The company's management prepared the financial statements in accordance with Indian Accounting Standard 34 'Interim Financial Reporting' (Ind AS 34). The results reflect performance across various segments and include contributions from its subsidiary, Saint-Gobain Ceramic Materials Bhutan Private Limited, and a joint venture entity, Advanced Synthetic Minerals Private Limited.
Standalone Performance Summary
For the quarter ended June 30, 2026, the standalone financial results showed significant activity across operations. The company reported Total Income of 81,843.52 Lakhs, against which Total Expenses amounted to 66,408.27 Lakhs. This resulted in a Profit before tax of 15,435.25 Lakhs and a Net Profit for the period of 11,552.88 Lakhs. Earnings per equity share (basic and diluted) stood at 10.43.The standalone financial performance across key periods is detailed below:
| Financial Metric | Qtr ended June 30, 2026 (Unaudited) | Qtr ended March 31, 2026 | Qtr ended June 30, 2025 (Unaudited) | Year ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income | 81,843.52 | 85,042.24 | 71,768.33 | 3,12,079.31 |
| Profit before tax | 15,435.25 | 15,726.40 | 12,579.55 | 54,961.79 |
| Net Profit for the period | 11,552.88 | 11,908.61 | 9,439.42 | 41,259.84 |
Consolidated Financial Results
The unaudited consolidated financial results for the quarter ended June 30, 2026, reflected Total Income of 82,787.23 Lakhs. Total Expenses were recorded at 67,418.63 Lakhs, leading to a Profit before tax of 15,368.60 Lakhs. The Net Profit for the period attributable to owners stood at 11,531.64 Lakhs, with Earnings per equity share (basic and diluted) maintained at 10.43.Key figures for the consolidated results are as follows:
| Financial Metric | Qtr ended June 30, 2026 (Unaudited) | Qtr ended March 31, 2026 | Qtr ended June 30, 2025 (Unaudited) | Year ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income | 82,787.23 | 86,344.68 | 72,728.07 | 3,16,811.20 |
| Profit before tax | 15,368.60 | 15,782.06 | 12,563.59 | 55,528.64 |
| Net Profit for the period (to Owners) | 11,531.64 | 11,933.81 | 9,444.12 | 41,678.89 |
Segmental Overview
The results also provided segment-wise information for the quarter ended June 30, 2026. The company's revenue was distributed across four segments: Abrasives, Ceramics & Plastics, Digital Services, and Others.In terms of revenue from operations, the Abrasives segment generated 38,689.38 Lakhs, while Ceramics & Plastics contributed 35,390.11 Lakhs. The combined revenue for all segments totaled 80,329.30 Lakhs.
The segmental performance data is provided below:
| Segment | Revenue from Operations (Q1 FY26) | Profit Before Tax (Q1 FY26) |
|---|---|---|
| Abrasives | 38,689.38 | 4,898.37 |
| Ceramics & Plastics | 35,390.11 | 7,497.16 |
| Digital Services | 5,878.17 | 1,408.73 |
| Others | 1,271.02 | 244.96 |
The unaudited financial results of the subsidiary and joint venture entity were considered while preparing the consolidated figures for the quarter ended June 30, 2026.
GRINDWELL Stock Price Movement
Shares of Grindwell Norton Limited are gaining ground, currently trading at ₹2017 as of 2:19 PM, having risen by 0.65%. The stock maintains strong activity in the market, with a total traded volume of 53,300 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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