Grindwell Norton Limited (NSE:GRINDWELL)

Grindwell Norton Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	27,989	26,868	25,413	20,128	16,379
Other Revenue	925.18	-	-	-	-
Revenue	28,915	26,868	25,413	20,128	16,379
Revenue Growth (YoY)	7.62%	5.72%	26.26%	22.88%	3.69%
Cost of Revenue	12,760	12,221	11,763	9,015	7,265
Gross Profit	16,154	14,646	13,651	11,112	9,114
Selling, General & Admin	3,370	3,338	3,056	2,618	2,160
Other Operating Expenses	6,854	6,113	5,493	4,487	3,713
Operating Expenses	11,151	10,159	9,150	7,639	6,416
Operating Income	5,004	4,487	4,501	3,473	2,697
Interest Expense	-93.47	-67.76	-76	-35.7	-32.53
Interest & Investment Income	-	247.71	156.19	104.44	181.02
Earnings From Equity Investments	9.41	-4.19	-18.63	-9.85	-0.67
Currency Exchange Gain (Loss)	-	2.31	-73.17	126.64	56.79
Other Non Operating Income (Expenses)	-	150.68	197.09	132.2	42.54
EBT Excluding Unusual Items	4,920	4,816	4,686	3,791	2,945
Gain (Loss) on Sale of Investments	-	282.41	207.39	136.38	229.34
Gain (Loss) on Sale of Assets	-	-11.35	-34.88	31.29	-
Asset Writedown	-	-	-	-	-1.9
Other Unusual Items	-	-3.53	-	-	-
Pretax Income	4,920	5,083	4,859	3,959	3,172
Income Tax Expense	1,207	1,244	1,244	1,008	794.61
Earnings From Continuing Operations	3,713	3,840	3,615	2,951	2,377
Minority Interest in Earnings	-25.46	-3.2	3.82	5.69	14.41
Net Income	3,687	3,836	3,619	2,956	2,392
Net Income to Common	3,687	3,836	3,619	2,956	2,392
Net Income Growth	-3.89%	6.00%	22.41%	23.61%	31.04%
Shares Outstanding (Basic)	111	111	111	111	111
Shares Outstanding (Diluted)	111	111	111	111	111
Shares Change (YoY)	0.01%	-	-	-	-
EPS (Basic)	33.30	34.65	32.69	26.70	21.60
EPS (Diluted)	33.30	34.65	32.69	26.70	21.60
EPS Growth	-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	14.500	12.000	9.500
Dividend Growth	-	17.24%	20.83%	26.32%	26.67%
Gross Margin	55.87%	54.51%	53.72%	55.21%	55.64%
Operating Margin	17.30%	16.70%	17.71%	17.26%	16.47%
Profit Margin	12.75%	14.28%	14.24%	14.69%	14.60%
Free Cash Flow Margin	12.60%	7.28%	2.79%	3.03%	17.27%
EBITDA	5,930	5,042	4,994	3,916	3,146
EBITDA Margin	20.51%	18.77%	19.65%	19.45%	19.21%
D&A For EBITDA	926.45	554.83	493.44	442.17	448.71
EBIT	5,004	4,487	4,501	3,473	2,697
EBIT Margin	17.30%	16.70%	17.71%	17.26%	16.47%
Effective Tax Rate	24.53%	24.47%	25.60%	25.46%	25.05%
Revenue as Reported	28,915	27,551	25,974	20,659	16,889

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