Grindwell Norton Limited (NSE:GRINDWELL)

Grindwell Norton Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	28,085	28,116	26,868	25,413	20,128	16,379
Other Revenue	9.36	-	-	-	-	-
Revenue	28,094	28,116	26,868	25,413	20,128	16,379
Revenue Growth (YoY)	3.14%	4.65%	5.72%	26.26%	22.88%	3.69%
Cost of Revenue	12,877	12,886	12,221	11,763	9,015	7,265
Gross Profit	15,218	15,229	14,646	13,651	11,112	9,114
Selling, General & Admin	3,397	3,442	3,338	3,056	2,618	2,160
Other Operating Expenses	6,711	6,645	6,113	5,493	4,487	3,713
Operating Expenses	11,079	11,014	10,159	9,150	7,639	6,416
Operating Income	4,138	4,215	4,487	4,501	3,473	2,697
Interest Expense	-85.08	-88	-67.76	-76	-35.7	-32.53
Interest & Investment Income	261.32	261.32	247.71	156.19	104.44	181.02
Earnings From Equity Investments	7.79	9.41	-4.19	-18.63	-9.85	-0.67
Currency Exchange Gain (Loss)	13.53	13.53	2.31	-73.17	126.64	56.79
Other Non Operating Income (Expenses)	228.69	148.17	150.68	197.09	132.2	42.54
EBT Excluding Unusual Items	4,565	4,560	4,816	4,686	3,791	2,945
Gain (Loss) on Sale of Investments	375.76	375.76	282.41	207.39	136.38	229.34
Gain (Loss) on Sale of Assets	-15.99	-15.99	-11.35	-34.88	31.29	-
Asset Writedown	-	-	-	-	-	-1.9
Other Unusual Items	-	-	-3.53	-	-	-
Pretax Income	4,924	4,920	5,083	4,859	3,959	3,172
Income Tax Expense	1,201	1,207	1,244	1,244	1,008	794.61
Earnings From Continuing Operations	3,723	3,713	3,840	3,615	2,951	2,377
Minority Interest in Earnings	-23.43	-25.46	-3.2	3.82	5.69	14.41
Net Income	3,700	3,687	3,836	3,619	2,956	2,392
Net Income to Common	3,700	3,687	3,836	3,619	2,956	2,392
Net Income Growth	-2.59%	-3.89%	6.00%	22.41%	23.61%	31.04%
Shares Outstanding (Basic)	111	111	111	111	111	111
Shares Outstanding (Diluted)	111	111	111	111	111	111
EPS (Basic)	33.41	33.30	34.65	32.69	26.70	21.60
EPS (Diluted)	33.41	33.30	34.65	32.69	26.70	21.60
EPS Growth	-2.62%	-3.89%	6.00%	22.42%	23.61%	31.07%
Free Cash Flow	-	3,644	1,956	710.39	609.91	2,829
Free Cash Flow Per Share	-	32.91	17.66	6.42	5.51	25.55
Dividend Per Share	-	17.000	17.000	14.500	12.000	9.500
Dividend Growth	-	-	17.24%	20.83%	26.32%	26.67%
Gross Margin	54.17%	54.17%	54.51%	53.72%	55.21%	55.64%
Operating Margin	14.73%	14.99%	16.70%	17.71%	17.26%	16.47%
Profit Margin	13.17%	13.11%	14.28%	14.24%	14.69%	14.60%
Free Cash Flow Margin	-	12.96%	7.28%	2.79%	3.03%	17.27%
EBITDA	4,906	4,940	5,042	4,994	3,916	3,146
EBITDA Margin	17.46%	17.57%	18.77%	19.65%	19.45%	19.21%
D&A For EBITDA	767.54	725	554.83	493.44	442.17	448.71
EBIT	4,138	4,215	4,487	4,501	3,473	2,697
EBIT Margin	14.73%	14.99%	16.70%	17.71%	17.26%	16.47%
Effective Tax Rate	24.39%	24.53%	24.47%	25.60%	25.46%	25.05%
Revenue as Reported	28,974	28,915	27,551	25,974	20,659	16,889

Source: S&P Global Market Intelligence. Standard template. Financial Sources.