**Grindwell Norton Q3 Results 2025**
Grindwell Norton announced its Q3 results on February 13, 2025, reporting a year-over-year revenue increase of 6.47%. However, the company’s profit declined by 5.79% compared to the previous year, with net profit recorded at ₹86.82 crore and total revenue at ₹702.61 crore. When compared to the previous quarter, revenue saw a modest growth of 1.26%, while profit decreased by 9.73%.
The Selling, General, and Administrative (SG&A) expenses showed a slight quarter-over-quarter decline of 0.29%, but increased by 5.15% year-over-year. Operating income also faced challenges, dropping by 6.08% from the previous quarter and down 9.01% year-over-year. The Earnings Per Share (EPS) for Q3 was ₹7.84, reflecting a 6% decrease compared to the same quarter last year.
In terms of stock performance, Grindwell Norton has experienced a -13.45% return over the past week, a -31.4% return over the last six months, and a -13.99% year-to-date return. As of February 15, 2025, the company has a market capitalization of ₹17,767.7 crore, with a 52-week high of ₹2,960 and a low of ₹1,638.45. Among three analysts covering the stock, one has issued a Sell rating, another a Hold rating, and one a Strong Buy rating. The consensus recommendation as of February 15, 2025, is to Hold, indicating a cautious outlook from analysts regarding the company’s future performance.
**Grindwell Norton Financials**
| Period | Q3 (FY25) | Q2 (FY25) | Q-o-Q Growth | Q3 (FY24) | Y-o-Y Growth |
|———————–|———–|———–|————–|———–|————–|
| Total Revenue | 702.61 | 693.87 | +1.26% | 659.94 | +6.47% |
| Selling/General/Admin Expenses Total | 82.26 | 82.5 | -0.29% | 78.23 | +5.15% |
| Depreciation/Amortization | 23.49 | 22.82 | +2.94% | 17.61 | +33.39% |
| Total Operating Expense | 602.66 | 587.45 | +2.59% | 550.09 | +9.56% |
| Operating Income | 99.95 | 106.42 | -6.08% | 109.85 | -9.01% |
| Net Income Before Taxes | 116.15 | 127.51 | -8.91% | 122.39 | -5.1% |
| Net Income | 86.82 | 96.18 | -9.73% | 92.16 | -5.79% |
| Diluted Normalized EPS | 7.84 | 8.69 | -9.78% | 8.34 | -6% |
