Grindwell Norton's Q1 FY 2026-27 Quarterly Results

Result Summary

• Grindwell Norton Ltd reported a 4.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 13.8%.
• Its expenses for the quarter were down by 4.5% QoQ and up 12.1% YoY.
• The net profit decreased 3.4% QoQ and increased 22.1% YoY.
• The earnings per share (EPS) of Grindwell Norton Ltd stood at 10.43 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Grindwell Norton Ltd is a company engaged in the production and supply of abrasives, ceramics, and other industrial products. The company operates within the industrial manufacturing sector, providing essential materials and components for various applications across multiple industries. Grindwell Norton Ltd is known for its expertise in creating high-performance materials that enhance the efficiency and durability of industrial operations. As of the latest data, no specific recent major developments have been highlighted, and further research might be required for the latest updates on the company's strategic initiatives or market positioning.

Revenue

For the first quarter of fiscal year 2027 (Q1FY27), Grindwell Norton Ltd reported a total income of ₹827.87 crores. This represents a decrease of 4.1% compared to the previous quarter, which recorded a total income of ₹863.45 crores in Q4FY26. However, when compared year-over-year to Q1FY26, where the total income was ₹727.28 crores, there is an observed growth of 13.8%. These figures reflect the company's revenue performance over the specified periods, indicating changes in its income generation capabilities in recent quarters and years.

Profitability

Grindwell Norton Ltd's profitability metrics indicate several key changes over the specified periods. The profit before tax for Q1FY27 was ₹153.69 crores, showing a decrease of 2.6% from ₹157.82 crores in Q4FY26. On a year-over-year comparison, there is a notable increase of 22.3% from ₹125.64 crores in Q1FY26. The tax expense for Q1FY27 was ₹38.81 crores, which is a slight increase of 0.9% from the previous quarter's ₹38.46 crores, and a 23.5% increase compared to ₹31.43 crores in Q1FY26. The profit after tax for the latest quarter stood at ₹115.31 crores, which is a 3.4% decrease from ₹119.34 crores in Q4FY26 but a 22.1% increase when compared to ₹94.44 crores in Q1FY26. Earnings per share for Q1FY27 was ₹10.43, down by 2.7% from the previous quarter but up by 22.3% from the corresponding quarter of the previous year.

Operating Metrics

The operating metrics for Grindwell Norton Ltd are reflected in the relationship between its total income and expenses. For Q1FY27, total expenses amounted to ₹674.19 crores, marking a decrease of 4.5% from ₹705.63 crores in Q4FY26. Year-over-year, expenses increased by 12.1% from ₹601.64 crores in Q1FY26. These changes in expenses, alongside the revenue data, provide insight into the company's operational efficiency and cost management over the recent quarters. The data on financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio has not been provided, limiting the ability to assess other aspects of the company's financial health. However, the available data does outline key trends in income and expense dynamics over the specified periods.