GRINDWELL2023-10-012023-12-31 GRINDWELL2023-10-012023-12-31 GRINDWELL2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member GRINDWELL2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member GRINDWELL2023-12-31 GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue04Member GRINDWELL2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member GRINDWELL2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member GRINDWELL2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member GRINDWELL2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue04Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults04Member GRINDWELL2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member GRINDWELL2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member GRINDWELL2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member GRINDWELL2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults04Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets04Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member GRINDWELL2023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 506076 GRINDWELL NA Grindwell Norton Limited Equity 2023-04-01 2024-03-31 2024-02-03 2024-01-19 INR Lakhs Third quarter 13:15:00 14:15:00 2024-02-03 2024-02-03 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Standalone 6516400000.00 138300000.00 6654700000.00 2063600000.00 790000000.00 44600000.00 774900000.00 17200000.00 169900000.00 1573500000.00 5433700000.00 1221000000.00 0.00 1221000000.00 309400000.00 -9300000.00 300100000.00 0.00 920900000.00 0.00 0.00 0.00 0.00 920900000.00 -2400000.00 918500000.00 0.00 0.00 553600000.00 5 8.32 8.32 0.00 0.00 8.32 8.32 Notes: 2. The SF results are prepared in accordance with the IAS-34 ‘Interim Financial Reporting’, as prescribed under Section 133 of the Companies Act, 2013, read with the relevant Rules issued thereunder and other accounting principles generally accepted in India. 3. During the qtr ended June 30, 22, the Company had acquired 100% equity shares of PRS Permacel Private Limited (PRS) for a consideration of Rs. 121,12 lakhs. Subsequently, pursuant to a Scheme of Amalgamation of PRS ( the scheme ) with the Company, duly approved by the National Company Law Tribunal (NCLT), vide its order dated June 22, 23, all the assets and liabilities of PRS at fair value were transferred to and vested in the Company with effect from May 27, 22, being the appointed date. The excess of consideration paid over and above the fair value of the assets and liabilities taken over amounting to Rs. 46,30 lakhs have been accounted as Goodwill. The figures for the previous periods have been restated, with effect from May 27, 22, to give effect to the Scheme. The key information pertaining to the previous periods before giving effect to the said Scheme and as published earlier were as under: (Rs. in Lakhs) Particulars Quarter ended Nine months ended Year ended 31-12-2022 31-12-2022 31-03-2023 (Unaudited) (Unaudited) (Audited) Total Income 55,880 178,294 242,005 Total Exepenses 46,034 144,650 195,087 Tax expense 2,496 8,463 11,849 Net Profit for the period 7,350 25,181 35,069 Other comprehensive (253) (377) 688 Earnings per equity 6.64 22.74 31.67 share (in Rs.) (Basic and Diluted) income, net of income tax 4.The Company has executed a Share Sale and Purchase Agreement with Shinagawa Refractories Co. Ltd. (Japan), and SG Shinagawa Refractories India Private Limited (SG Shinagawa) for the sale of 49% of its equity stake held in SG Shinagawa on Oct 26, 2023, for a consideration of Rs. 807 lakhs. The closing transfer procedures have been completed on November 30, 2023. The Company has accounted for the loss on sale of investment of Rs. 320 lakhs as an exceptional item in the standalone financial results for the nine months ended Dec 31, 23, which was provided for during the quarter ended September 30, 2023, hence, there is no financial impact in the results of the current qtr. 5. The Board of Directors at its meeting held on Dec 22, 2023, considered and approved the investment of Rs. 15,00 lakhs towards acquiring a 49% stake in the equity share capital in Advanced Synthetic Minerals Private Limited (“ASMPL”). Subsequent to this approval, the Company executed a Shareholders Agreement and Share Issue Agreement with ASMPL and its promoters on Jan 17, 2024. The Company subscribed to 49% equity shares offered by ASMPL on Jan 24, 2024. 6. The Segment wise information as required under Regulation 33 of SEBI LODR, as amended is furnished in Annexure I. Multi segment 2023-04-01 2023-12-31 Unaudited Standalone 19702300000.00 510200000.00 20212500000.00 6576200000.00 2436100000.00 -129600000.00 2338900000.00 52500000.00 499200000.00 4574300000.00 16347600000.00 3864900000.00 -32000000.00 3832900000.00 956500000.00 4200000.00 960700000.00 0.00 2872200000.00 0.00 0.00 0.00 0.00 2872200000.00 -8200000.00 2864000000.00 0.00 0.00 553600000.00 5 25.94 25.94 0.00 0.00 25.94 25.94 Other Expenses 1573500000.00 Other Expenses 4574300000.00 Abrasives 3273300000.00 Ceramics & Plastics 2603300000.00 Digital Services 470200000.00 Others 203800000.00 Abrasives 9922900000.00 Ceramics & Plastics 7999700000.00 Digital Services 1438500000.00 Others 454700000.00 6550600000.00 19815800000.00 34200000.00 113500000.00 6516400000.00 19702300000.00 Abrasives 435100000.00 Ceramics & Plastics 524000000.00 Digital Services 128300000.00 Others 38700000.00 Abrasives 1368500000.00 Ceramics & Plastics 1571500000.00 Digital Services 487800000.00 Others 89900000.00 1126100000.00 3517700000.00 17200000.00 52500000.00 -112100000.00 -367700000.00 1221000000.00 3832900000.00 Abrasives 7727600000.00 Ceramics & Plastics 7870600000.00 Digital Services 715400000.00 Others 620000000.00 16933600000.00 9951700000.00 26885300000.00 Abrasives 3346500000.00 Ceramics & Plastics 2707100000.00 Digital Services 639200000.00 Others 307600000.00 7000400000.00 571600000.00 7572000000.00 -3200000.00 -10900000.00 -800000.00 -2700000.00