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 Consolidated 6599400000.00 138300000.00 6737700000.00 2086900000.00 790000000.00 24900000.00 782300000.00 19200000.00 176100000.00 1637200000.00 5516600000.00 1221100000.00 -3500000.00 1217600000.00 312300000.00 -9300000.00 303000000.00 0.00 914600000.00 0.00 0.00 0.00 6300000.00 920900000.00 -2400000.00 918500000.00 921600000.00 -700000.00 919200000.00 -700000.00 553600000.00 5 8.32 8.32 0.00 0.00 8.32 8.32 Notes: 3. The above consolidated financial results of the Company have been prepared in accordance with Ind AS 110 – ‘Consolidated Financial Statements’. The consolidated financial results of the Company consist of the results of the Parent Company, its Subsidiary, namely Saint Gobain Ceramic Materials Bhutan Private Limited, Joint Venture entity - SG Shinagawa Refractories India Private Limited (upto November 30, 2023 – Refer Note No. 6 below) and its Associate - Cleanwin Energy Three LLP. As per the current contractual terms, the Company is not entitled for any share of Profit/(Loss) in its Associate. The unaudited consolidated financial results of the Subsidiary and the Joint Venture entity, duly certified by the Management, have been considered whilst preparing these consolidated financial results. 4. Pursuant to the approval of the Scheme of Amalgamation of PRS Permacel Private Limited (PRS) with the Company, being approved by the NCLT with effect from May 27, 2022, the results of PRS for the previous periods have been considered as part of the merged entity itself and not as a part of consolidation. 5. Key numbers of Standalone Financial Results of the Company are as under: (Rs. in Lakhs) Particulars Quarter ended Nine months ended Year ended 31-12-2023 30-09-2023 31-12-2022 31-12-2023 31-12-2022 31-03-2023 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Total Income 66,547 68,109 60,917 202,125 189,938 257,976 Profit before tax 12,210 13,113 10,889 38,329 35,333 49,084 Net Profit for the 9,209 9,803 8,051 28,722 26,373 36,591 period 6. The Company has executed a Share Sale and Purchase Agreement with Shinagawa Refractories Co. Ltd. (Japan), and SG Shinagawa Refractories India Private Limited for the sale of 49% of its equity stake held in SG Shinagawa Refractories India Private Limited on October 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. 35 Lakhs as an exceptional item in the consolidated financial results during the current quarter. 7.The Board of Directors at its meeting held on December 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 January 17, 2024. The Company subscribed to 49% equity shares offered by ASMPL on January 24, 2024. Multi segment 2023-04-01 2023-12-31 Unaudited Consolidated 19956900000.00 510200000.00 20467100000.00 6701900000.00 2436100000.00 -220300000.00 2360300000.00 58900000.00 512200000.00 4734500000.00 16583600000.00 3883500000.00 -3500000.00 3880000000.00 959500000.00 8300000.00 967800000.00 0.00 2912200000.00 0.00 0.00 0.00 600000.00 2912800000.00 -8200000.00 2904600000.00 2910400000.00 2400000.00 2902200000.00 2400000.00 553600000.00 5 26.29 26.29 0.00 0.00 26.29 26.29 Other Expenses 1637200000.00 Other Expenses 4734500000.00 Abrasives 3273300000.00 Ceramics & Plastics 2686300000.00 Digital Services 470200000.00 Others 203800000.00 Abrasives 9922800000.00 Ceramics & Plastics 8254400000.00 Digital Services 1438500000.00 Others 454700000.00 6633600000.00 20070400000.00 34200000.00 113500000.00 6599400000.00 19956900000.00 Abrasives 435100000.00 Ceramics & Plastics 528300000.00 Digital Services 128300000.00 Others 38700000.00 Abrasives 1368500000.00 Ceramics & Plastics 1625600000.00 Digital Services 487800000.00 Others 89900000.00 1130400000.00 3571800000.00 19200000.00 58900000.00 -112700000.00 -367700000.00 1223900000.00 3880600000.00 Abrasives 7727600000.00 Ceramics & Plastics 8185300000.00 Digital Services 715400000.00 Others 620000000.00 17248300000.00 9951700000.00 27200000000.00 Abrasives 3346500000.00 Ceramics & Plastics 2844100000.00 Digital Services 639200000.00 Others 307600000.00 7137400000.00 583500000.00 7720900000.00 -3200000.00 -10900000.00 -800000.00 -2700000.00