Grindwell Norton Ltd.

NSE: GRINDWELL | BSE: 506076 | ISIN: INE536A01023 | Industry: Abrasives & Bearings
| Falling Comet
1517.5500 -30.65 (-1.98%)
NSE Apr 09, 2025 11:51 AM
Volume: 5,000
 

1517.55
-1.98%
ICICI Securities Limited
Topline growth of 9.7% YoY was primarily dragged by abrasives segment, which de-grew 13.4% to | 219.4 crore YoY. Ceramics and plastic segment de-grew 5.6% to | 114.6 crore YoY while new initiatives segment posted growth of 5.6% to | 36.3 crore YoY This segment contributed 33.4% to the topline. Abrasives segment grew 6.6% YoY, contributing 59.3% to the overall topline. EBIT margins of the abrasive segment came in at 9.5% (vs. 13.9% YoY). Margins of ceramics and plastic segment were at 15.0% (vs. 15.5% YoY) while for new initiative segment EBIT margin was at 28.4% (vs....
Grindwell Norton Ltd. has lost -11.03% in the last 1 Week
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