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Share the post "Grindwell Norton ‘s Q3 2024-25 Latest News: Revenue Rises by 4.85% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 4.85 % in the past year, substantial increase in net sales/revenue by 1.67 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 29.78 %. Marginal decrease of -23.3% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Grindwell Norton Limited. Profit dropped by -9.27 % Year to Year, Grindwell Norton Limited’s profitability dropped by -11.15 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -9.25 % Year to Year. EPS decreased by -11.07 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 651.64 Cr | Rs. 671.98 Cr | Rs. 683.212 Cr | + 1.67 % | + 4.85 % |
| Expenses | Rs. 524.66 Cr | Rs. 546.63 Cr | Rs. 564.64 Cr | + 3.29 % | + 7.62 % |
| Operating Profit | Rs. 126.98 Cr | Rs. 125.35 Cr | Rs. 118.57 Cr | -5.41 % | -6.62 % |
| OPM % | 19.49 % | 18.65 % | 17.35 % | -1.3 % | -2.14 % |
| Other Income | Rs. 13.83 Cr | Rs. 23.4 Cr | Rs. 17.948 Cr | -23.3 % | + 29.78 % |
| Interest | Rs. 1.72 Cr | Rs. 2.11 Cr | Rs. 1.93 Cr | -8.53 % | + 12.21 % |
| Depreciation | Rs. 16.99 Cr | Rs. 22.18 Cr | Rs. 22.85 Cr | + 3.02 % | + 34.49 % |
| Profit before tax | Rs. 122.1 Cr | Rs. 124.46 Cr | Rs. 111.74 Cr | -10.22 % | -8.48 % |
| Tax % | 24.58 % | 24.44 % | 25.22 % | + 0.78 % | + 0.64 % |
| Net Profit | Rs. 92.09 Cr | Rs. 94.04 Cr | Rs. 83.55 Cr | -11.15 % | -9.27 % |
| EPS in Rs | Rs. 8.32 | Rs. 8.49 | Rs. 7.55 | -11.07 % | -9.25 % |
Today, we’re looking at Grindwell Norton Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 4.85 %. However, it did see a marginal increase of 1.67 % from the previous quarter. Expenses ticked up slightly by 3.29 % quarter-on-quarter, aligning with the annual rise of 7.62 %. Operating profit, while down -6.62 % compared to last year, faced a quarter-on-quarter dip of -5.41 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.14 %, but a shrinkage of -1.3 % sequentially. Other income fell by -23.3 % compared to the last quarter, despite an annual growth of 29.78 %. Interest expenses dropped significantly by -8.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.21 %. Depreciation costs climbed by 3.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 34.49 %. Profit before tax declined annually by -8.48 % but saw a reduction from the preceding quarter by -10.22 %.
Tax expenses as a percentage of profits increased slightly by 0.64 % compared to last year, with a more notable quarter-on-quarter increase of 0.78 %. Net profit fell by -9.27 % year-on-year but witnessed a -11.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -9.25 % but a quarterly fall of -11.07 %. In summary, Grindwell Norton Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 651.64 Cr | Rs. 671.98 Cr | Rs. 683.212 Cr | + 1.67 % | + 4.85 % |
| Expenses | Rs. 524.66 Cr | Rs. 546.63 Cr | Rs. 564.64 Cr | + 3.29 % | + 7.62 % |
| Operating Profit | Rs. 126.98 Cr | Rs. 125.35 Cr | Rs. 118.57 Cr | -5.41 % | -6.62 % |
| Net Profit | Rs. 92.09 Cr | Rs. 94.04 Cr | Rs. 83.55 Cr | -11.15 % | -9.27 % |
| EPS in Rs | Rs. 8.32 | Rs. 8.49 | Rs. 7.55 | -11.07 % | -9.25 % |
In reviewing Grindwell Norton Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.85 % year-on-year growth, however, there was a minor increase of 1.67 % from the previous quarter. Expenses rose by 7.62 % compared to the previous year, with a 3.29 % increase quarter-on-quarter. Operating Profit dropped by -6.62 % annually, and saw a -5.41 % decrease from the last quarter.
Net Profit showed yearly decrease of -9.27 %, and experienced a -11.15 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -9.25 % annually, however dipped by -11.07 % compared to the last quarter. In essence, while Grindwell Norton Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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