Grindwell Norton's Q3 FY 2025-26 Quarterly Results
- 07 Feb 2026
Result Summary
- Grindwell Norton Ltd reported a 4.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.1%.
- Its expenses for the quarter were down by 3.0% QoQ and up 6.3% YoY.
- The net profit decreased 11.0% QoQ and increased 8.7% YoY.
- The earnings per share (EPS) of Grindwell Norton Ltd stood at 8.6 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 771.66 | 805.73 | 720.56 | -4.2% | 7.1% |
Total Expenses | 643.00 | 662.56 | 604.75 | -3.0% | 6.3% |
Profit Before Tax | 128.66 | 143.17 | 115.80 | -10.1% | 11.1% |
Tax | 32.86 | 35.82 | 28.18 | -8.3% | 16.6% |
Profit After Tax | 95.58 | 107.43 | 87.97 | -11.0% | 8.7% |
Earnings Per Share | 8.60 | 9.65 | 7.84 | -10.9% | 9.7% |
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 leading manufacturer in the abrasives industry. The company is renowned for its production of a wide range of abrasives, including bonded, coated, and super abrasives that cater to various industrial applications. These products are integral to industries such as automotive, construction, and metalworking, where precision and durability are paramount. The company operates within a competitive landscape and is part of the larger Saint-Gobain group, which enhances its reach and technological expertise. Although specific recent developments are not provided, Grindwell Norton is known for focusing on innovation and expanding its market presence through strategic investments and partnerships.
Revenue
During the third quarter of fiscal year 2026, Grindwell Norton Ltd reported a total income of ₹771.66 crores. This represents a 4.2% decrease from the previous quarter's total income of ₹805.73 crores but shows a 7.1% increase from the same period in the previous fiscal year, where total income was ₹720.56 crores. These figures highlight the company's revenue dynamics over recent quarters, showcasing both a short-term decline and a longer-term upward trend. The company's ability to generate revenue despite these fluctuations is indicative of its stable market position and product demand.
Profitability
For Q3FY26, Grindwell Norton Ltd's profit before tax amounted to ₹128.66 crores, reflecting a 10.1% decline compared to the previous quarter's profit before tax of ₹143.17 crores. However, this marks an 11.1% increase year-over-year from ₹115.80 crores in Q3FY25. The tax expense for the quarter was ₹32.86 crores, down 8.3% from the prior quarter, yet up 16.6% compared to the previous year. Consequently, the profit after tax for Q3FY26 stood at ₹95.58 crores, experiencing an 11.0% decrease QoQ but an 8.7% increase YoY. Earnings per share followed a similar pattern, with Q3FY26 figures at ₹8.60, down from ₹9.65 in Q2FY26, but up from ₹7.84 in Q3FY25.
Operating Metrics
Grindwell Norton Ltd's total expenses for Q3FY26 were recorded at ₹643.00 crores, which is a 3.0% reduction from the previous quarter's expenses of ₹662.56 crores. Compared to the same quarter last year, expenses increased by 6.3%, from ₹604.75 crores. These figures indicate the company's operational efficiency and cost management over time. The company's focus on managing expenses effectively is evident in the QoQ reduction, while the YoY increase reflects broader market conditions and potential expansion activities. The earnings per share, falling by 10.9% QoQ yet rising by 9.7% YoY, further underscores the operational shifts and financial strategies undertaken by Grindwell Norton to maintain shareholder value.