Name: Latest research reports of Grindwell Norton Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Grindwell Norton Ltd.
Rating: 5
Author: Karvy

Grindwell Norton Ltd: Robust Performance in Q4FY18

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Karvy

Robust Performance in Q4FY18 : Grindwell Norton (GWN) revenue grew by 18% to Rs. 3.8 bn on the back of stronggrowth on account of several new initiatives in the Ceramics & Plastics (C&P) division, while Abrasives segment growth was flat in Q4FY18. Earnings for the quarter grew by 30% YoY to Rs. 0.44 bn largely on account of product mix.