GRINDWELL2024-04-012024-06-30 GRINDWELL2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member GRINDWELL2024-06-30 GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue03Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue04Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults03Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults04Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets03Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets04Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities04Member GRINDWELL2024-06-30in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 506076 GRINDWELL NOTELISTED Grindwell Norton Limited Equity 2024-04-01 2025-03-31 2024-07-18 2024-07-09 INR Lakhs First quarter 12:00:00 13:30:00 2024-07-18 2024-07-18 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Consolidated 7056000000.00 157700000.00 7213700000.00 2267100000.00 908900000.00 27700000.00 896700000.00 24600000.00 214400000.00 1624200000.00 5963600000.00 1250100000.00 0.00 1250100000.00 306200000.00 14200000.00 320400000.00 0.00 929700000.00 0.00 0.00 0.00 4000000.00 933700000.00 0.00 933700000.00 931800000.00 1900000.00 931800000.00 1900000.00 553600000.00 5 8.42 8.42 0.00 0.00 8.42 8.42 1. The unaudited Consolidated Financial Results for the quarter ended June 30, 2024, (‘CFR’) have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 18, 2024. The Statutory Auditors of Grindwell Norton Limited (‘the Company’, ’the Parent Company’), have carried out a limited review of the above consolidated financial results. These CFR are prepared and published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, as amended. 2. The Consolidated Financial Results are prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’ (Ind AS - 34), 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. The above Consolidated Financial Results have been prepared in accordance with Ind AS 110 - ‘CFR’. The CFR consist of the results of the Parent Company, its Subsidiary, namely Saint Gobain Ceramic Materials Bhutan Private Limited, Joint Venture entities - SG Shinagawa Refractories India Private Limited (upto November 30, 2023) and Advanced Synthetic Minerals Private Limited (from January 24, 2024) 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 - Cleanwin Energy Three LLP. The unaudited CFR of the Subsidiary and the Joint Venture entities, duly certified by the Management, have been considered whilst preparing these CFR. 4. Key numbers of Standalone Financial Results of the Company are as under: (Rs. in Lakhs) Particulars Quarter ended Year ended 30-06-2024 31-03-2024 30-06-2023 31-03-2024 (Unaudited) (Refer Note 6) (Unaudited) (Audited) Total Income 70,671 69,874 67,469 2,71,999 Profit before tax 12,320 12,154 13,006 50,483 Net Profit for the period 9,191 9,350 9,710 38,072 5. The Company had 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 and has accounted for the loss on sale of investment of Rs. 35 lakhs as an exceptional item in the CFR. 6. The figures for the quarter ended March 31, 2024 are the balancing figures between audited figures for the full financial year and the published year to date figures upto third quarter of the respective financial years. 7.The Segment wise information as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, is furnished in Annexure I. 8. The consolidated financial results are available on the BSE Limited website, www.bseindia.com, National Stock Exchange of India Limited website,www.nseindia.com and on the Company's website, www.grindwellnorton.co.in. Other expenses 1624200000.00 Abrasives 3494000000.00 Ceramics & Plastics 3058500000.00 Digital Services 455800000.00 Others 96300000.00 7104600000.00 48600000.00 7056000000.00 Abrasives 474000000.00 Ceramics & Plastics 548100000.00 Digital Services 136400000.00 Others 6100000.00 1164600000.00 24600000.00 -114100000.00 1254100000.00 Abrasives 7956000000.00 Ceramics & Plastics 8741300000.00 Digital Services 850600000.00 Others 542700000.00 18090600000.00 10912600000.00 29003200000.00 Abrasives 2859400000.00 Ceramics & Plastics 2784200000.00 Digital Services 708000000.00 Others 201300000.00 6552900000.00 844600000.00 7397500000.00 0.00 0.00