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The revenue slipped marginally during the September 2019 quarter. A decline of about Rs. 3879.00 millions was observed as compared to Rs. 4078.30 millions during the corresponding quarter last year.A good growth in profit of 29.63% reported to Rs. 518.40  millions over Rs. 399.90 millions of corresponding previous quarter.OP of the company witnessed a marginal growth to 738.00 millions from 736.80 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 3879.00 4078.30 -4.89 7943.60 7810.90 1.70 15668.50 14281.90 9.71 Other Income 107.50 54.80 96.17 226.20 148.10 52.73 376.70 290.10 29.85 PBIDT 738.00 736.80 0.16 1533.60 1492.10 2.78 2968.00 2653.40 11.86 Interest 8.60 2.20 290.91 18.90 4.60 310.87 14.80 10.50 40.95 PBDT 729.40 734.60 -0.71 1514.70 1487.50 1.83 2953.20 2642.90 11.74 Depreciation 136.00 105.80 28.54 271.00 208.10 30.23 422.20 421.80 0.09 PBT 593.40 628.80 -5.63 1243.70 1279.40 -2.79 2531.00 2221.10 13.95 TAX 75.00 228.90 -67.23 304.10 455.00 -33.16 892.60 749.50 19.09 Deferred Tax -22.30 -24.70 -9.72 -29.50 -37.30 -20.91 8.10 -37.10 -121.83 PAT 518.40 399.90 29.63 939.60 824.40 13.97 1638.40 1471.60 11.33 Equity 553.60 553.60 0.00 553.60 553.60 0.00 553.60 553.60 0.00 PBIDTM(%) 19.03 18.07 5.31 19.31 19.10 1.06 18.94 18.58 1.96

Grindwell Norton is currently trading at Rs. 596.50, up by 7.80 points or 1.32% from its previous closing of Rs. 588.70 on the BSE.The scrip opened at Rs. 596.50 and has touched a high and low of Rs. 596.50 and Rs. 596.50 respectively. The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 613.95 on 23-Apr-2019 and a 52 week low of Rs. 471.80 on 29-Oct-2018.Last one week high and low of the scrip stood at Rs. 605.00 and Rs. 571.00 respectively. The current market cap of the company is Rs. 6604.45 crore.The promoters holding in the company stood at 58.32%, while Institutions and Non-Institutions held 19.86% and 21.81% respectively.Grindwell Norton has executed a definitive agreement with Shinagawa Refractories, Japan on July 11, 2019, to form a Private Limited Company for Tap hole clay refractory products for the steel industry. The company will hold 49% and Shinagawa Refractories, Japan will hold 51% in the Private Limited Company.Grindwell Norton is India’s leading manufacturer of abrasives (bonded, coated, non-woven, superabrasives and thin wheels) and silicon carbide. It also manufactures and markets high performance refractories and performance plastics products.

The revenue for the December 2018 quarter is pegged at Rs. 3869.80 millions, about 8.29% up against Rs. 3573.60 millions recorded during the year-ago period.Profit for the quarter ended December 2018 increased merely by3.22% to Rs. 406.50  millions from Rs. 393.80 millions.Operating profit surged to 728.10 millions from the corresponding previous quarter of 693.30 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 3869.80 3573.60 8.29 11680.70 10506.20 11.18 14281.90 13368.70 6.83 Other Income 116.90 73.70 58.62 265.00 221.50 19.64 290.10 329.40 -11.93 PBIDT 728.10 693.30 5.02 2220.20 1882.10 17.96 2653.40 2136.70 24.18 Interest 3.50 2.60 34.62 8.10 7.90 2.53 10.50 11.00 -4.55 PBDT 724.60 690.70 4.91 2212.10 1874.20 18.03 2642.90 2125.70 24.33 Depreciation 107.90 110.50 -2.35 316.00 317.50 -0.47 421.80 398.30 5.90 PBT 616.70 580.20 6.29 1896.10 1556.70 21.80 2221.10 1727.40 28.58 TAX 210.20 186.40 12.77 665.20 522.00 27.43 749.50 567.30 32.12 Deferred Tax 26.60 -32.00 -183.13 -10.70 -27.70 -61.37 -37.10 -5.30 600.00 PAT 406.50 393.80 3.22 1230.90 1034.70 18.96 1471.60 1160.10 26.85 Equity 553.60 553.60 0.00 553.60 553.60 0.00 553.60 553.60 0.00 PBIDTM(%) 18.81 19.40 -3.02 19.01 17.91 6.10 18.58 15.98 16.24

The revenue zoomed 20.00% to Rs. 4078.30 millions for the quarter ended September 2018 as compared to Rs. 3398.50 millions during the corresponding quarter last year.Modest increase of 14.68% in the Net Profit was reported from. 348.70 millions to Rs. 399.90  millions.OP of the company witnessed a marginal growth to 736.80 millions from 633.70 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 4078.30 3398.50 20.00 7810.90 6932.60 12.67 14281.90 13368.70 6.83 Other Income 54.80 82.40 -33.50 148.10 147.80 0.20 290.10 329.40 -11.93 PBIDT 736.80 633.70 16.27 1492.10 1188.80 25.51 2653.40 2136.70 24.18 Interest 2.20 2.50 -12.00 4.60 5.30 -13.21 10.50 11.00 -4.55 PBDT 734.60 631.20 16.38 1487.50 1183.50 25.69 2642.90 2125.70 24.33 Depreciation 105.80 104.30 1.44 208.10 207.00 0.53 421.80 398.30 5.90 PBT 628.80 526.90 19.34 1279.40 976.50 31.02 2221.10 1727.40 28.58 TAX 228.90 178.20 28.45 455.00 335.60 35.58 749.50 567.30 32.12 Deferred Tax -24.70 -6.10 304.92 -37.30 4.30 -967.44 -37.10 -5.30 600.00 PAT 399.90 348.70 14.68 824.40 640.90 28.63 1471.60 1160.10 26.85 Equity 553.60 553.60 0.00 553.60 553.60 0.00 553.60 553.60 0.00 PBIDTM(%) 18.07 18.65 -3.11 19.10 17.15 11.40 18.58 15.98 16.24

A fair growth of 5.62% in the revenue at Rs. 3732.60 millions was reported in the June 2018 quarter as compared to Rs. 3534.10 millions during year-ago period.An average growth of 45.28% was recorded for the quarter ended June 2018 to Rs. 424.50  millions from Rs. 292.20 millions.OP of the company witnessed a marginal growth to 755.30 millions from 555.10 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 3732.60 3534.10 5.62 3732.60 3534.10 5.62 14281.90 13368.70 6.83 Other Income 93.30 65.40 42.66 93.30 65.40 42.66 290.10 329.40 -11.93 PBIDT 755.30 555.10 36.07 755.30 555.10 36.07 2653.40 2136.70 24.18 Interest 2.40 2.80 -14.29 2.40 2.80 -14.29 10.50 11.00 -4.55 PBDT 752.90 552.30 36.32 752.90 552.30 36.32 2642.90 2125.70 24.33 Depreciation 102.30 102.70 -0.39 102.30 102.70 -0.39 421.80 398.30 5.90 PBT 650.60 449.60 44.71 650.60 449.60 44.71 2221.10 1727.40 28.58 TAX 226.10 157.40 43.65 226.10 157.40 43.65 749.50 567.30 32.12 Deferred Tax -12.60 10.40 -221.15 -12.60 10.40 -221.15 -37.10 -5.30 600.00 PAT 424.50 292.20 45.28 424.50 292.20 45.28 1471.60 1160.10 26.85 Equity 553.60 553.60 0.00 553.60 553.60 0.00 553.60 553.60 0.00 PBIDTM(%) 20.24 15.71 28.83 20.24 15.71 28.83 18.58 15.98 16.24

A fair growth of 7.94% in the revenue at Rs. 3573.60 millions was reported in the December 2017 quarter as compared to Rs. 3310.80 millions during year-ago period.An average growth of 48.10% was recorded for the quarter ended December 2017 to Rs. 393.80  millions from Rs. 265.90 millions.Operating profit surged to 693.30 millions from the corresponding previous quarter of 508.40 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 3573.60 3310.80 7.94 10506.20 9868.60 6.46 13368.70 12160.80 9.93 Other Income 73.70 94.20 -21.76 221.50 245.40 -9.74 329.40 245.90 33.96 PBIDT 693.30 508.40 36.37 1882.10 1557.30 20.86 2136.70 1926.40 10.92 Interest 2.60 1.90 36.84 7.90 5.40 46.30 11.00 6.90 59.42 PBDT 690.70 506.50 36.37 1874.20 1551.90 20.77 2125.70 1919.50 10.74 Depreciation 110.50 96.80 14.15 317.50 290.40 9.33 398.30 368.50 8.09 PBT 580.20 409.70 41.62 1556.70 1261.50 23.40 1727.40 1551.00 11.37 TAX 186.40 143.80 29.62 522.00 429.00 21.68 567.30 529.60 7.12 Deferred Tax -32.00 12.00 -366.67 -27.70 19.80 -239.90 -5.40 -9.20 -41.30 PAT 393.80 265.90 48.10 1034.70 832.50 24.29 1160.10 1021.40 13.58 Equity 553.60 553.60 0.00 553.60 553.60 0.00 553.60 276.80 100.00 PBIDTM(%) 19.40 15.36 26.34 17.91 15.78 13.52 15.98 15.84 0.90

The total revenue for the quarter ended September 2017 remained nearly unchanged at Rs. 3398.50 millions.Modest increase of 22.44% in the Net Profit was reported from. 284.80 millions to Rs. 348.70  millions.Operating profit for the quarter ended September 2017 rose to 633.70 millions as compared to 515.60 millions of corresponding quarter ended September 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 3398.50 3290.20 3.29 6932.60 6557.80 5.72 13368.70 12160.80 9.93 Other Income 82.40 88.70 -7.10 147.80 151.20 -2.25 329.40 245.90 33.96 PBIDT 633.70 515.60 22.91 1188.80 1048.90 13.34 2136.70 1926.40 10.92 Interest 2.50 1.20 108.33 5.30 3.50 51.43 11.00 6.90 59.42 PBDT 631.20 514.40 22.71 1183.50 1045.40 13.21 2125.70 1919.50 10.74 Depreciation 104.30 97.10 7.42 207.00 193.60 6.92 398.30 368.50 8.09 PBT 526.90 417.30 26.26 976.50 851.80 14.64 1727.40 1551.00 11.37 TAX 178.20 132.50 34.49 335.60 285.20 17.67 567.30 529.60 7.12 Deferred Tax -6.10 1.70 -458.82 4.30 7.80 -44.87 -5.40 -9.20 -41.30 PAT 348.70 284.80 22.44 640.90 566.60 13.11 1160.10 1021.40 13.58 Equity 553.60 553.60 0.00 553.60 553.60 0.00 553.60 276.80 100.00 PBIDTM(%) 18.65 15.67 18.99 17.15 15.99 7.21 15.98 15.84 0.90

A fair growth of 8.16% in the revenue at Rs. 3534.10 millions was reported in the June 2017 quarter as compared to Rs. 3267.60 millions during year-ago period.Profit for the quarter ended June 2017 increased merely by3.69% to Rs. 292.20  millions from Rs. 281.80 millions.Operating profit surged to 555.10 millions from the corresponding previous quarter of 533.30 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 3534.10 3267.60 8.16 3534.10 3267.60 8.16 13368.70 12160.80 9.93 Other Income 65.40 62.50 4.64 65.40 62.50 4.64 329.40 245.90 33.96 PBIDT 555.10 533.30 4.09 555.10 533.30 4.09 2136.70 1926.40 10.92 Interest 2.80 2.30 21.74 2.80 2.30 21.74 11.00 6.90 59.42 PBDT 552.30 531.00 4.01 552.30 531.00 4.01 2125.70 1919.50 10.74 Depreciation 102.70 96.50 6.42 102.70 96.50 6.42 398.30 368.50 8.09 PBT 449.60 434.50 3.48 449.60 434.50 3.48 1727.40 1551.00 11.37 TAX 157.40 152.70 3.08 157.40 152.70 3.08 567.30 529.60 7.12 Deferred Tax 10.40 6.10 70.49 10.40 6.10 70.49 -5.40 -9.20 -41.30 PAT 292.20 281.80 3.69 292.20 281.80 3.69 1160.10 1021.40 13.58 Equity 553.60 276.80 100.00 553.60 276.80 100.00 553.60 276.80 100.00 PBIDTM(%) 15.71 16.32 -3.76 15.71 16.32 -3.76 15.98 15.84 0.90

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Funds Management.The above information is a part of company’s filings submitted to BSE.

Grindwell Norton has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Grindwell Norton has informed that the Board of Directors of the Company at its meeting held on March 16, 2016, has declared an interim dividend of Rs 6.50 per equity share (130%) of Rs 5 each for the financial year 2015-16.The dividend shall be paid on or after March 29, 2016. The meeting commenced at 10:30 a.m. and concluded at 11:45 a.m.The above information is a part of company’s filings submitted to BSE.

Grindwell Norton has informed about quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2015, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.