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Audited Results of Grindwell Norton Ltd. Company

(Rs in Cr.) Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019
Operating Income 2,368.73 2,005.62 1,632.90 1,552.35 1,566.85
Manufacturing Expenses 103.89 77.88 58.53 66.53 63.12
Personnel Expenses 273.89 248.12 205.42 201.81 189.54
Selling Expenses 0 0 0 0 0
Administrative Expenses 380.35 342.77 280.11 266.60 288.68
Expenses Capitalised 0 0 0 0 0
Cost Of Sales 1,889.35 1,603.86 1,309.10 1,300.22 1,307.72
Operating Profit 479.38 401.76 323.80 252.14 259.13
Other Recurring Income 51.32 53.06 50.97 46.17 37.67
Adjusted PBDIT 530.70 454.83 374.77 298.30 296.80
Financial Expenses 6.66 3.96 3.24 4.28 1.48
Depreciation 54.86 51.24 51.89 54.66 42.22
Other Write offs 0 0 0 0 0
Adjusted PBT 469.18 399.62 319.64 239.37 253.10
Tax Charges 118.49 101.63 77.56 56.41 89.26
Adjusted PAT 350.69 298 242.07 182.95 163.84
Non Recurring Items -0.84 -2.50 -1.92 -2.58 0.85
Other Non Cash adjustments 0 0 0 0 0
Reported Net Profit 350.69 298 242.07 182.95 163.84
Equity Dividend 132.86 105.18 83.04 52.78 43.98
Preference Dividend 0 0 0 0 0
Retained Earnings 1,153.78 936.79 746.47 603.02 500.46
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