GRINDWELL2024-07-012024-09-30 GRINDWELL2024-07-012024-09-30 GRINDWELL2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member GRINDWELL2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member GRINDWELL2024-09-30 GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue03Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue04Member GRINDWELL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member GRINDWELL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member GRINDWELL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue03Member GRINDWELL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue04Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults03Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults04Member GRINDWELL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member GRINDWELL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member GRINDWELL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults03Member GRINDWELL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults04Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets03Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets04Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member GRINDWELL2024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 506076 GRINDWELL NOTLISTED Grindwell Norton Limited Equity 2024-04-01 2025-03-31 2024-10-30 2024-10-14 INR Lakhs Half yearly 12:30:00 13:50:00 2024-10-30 2024-10-30 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Standalone 6719800000.00 234000000.00 6953800000.00 2236100000.00 891000000.00 -133900000.00 817500000.00 21100000.00 221800000.00 1655600000.00 5709200000.00 1244600000.00 0.00 1244600000.00 301900000.00 2300000.00 304200000.00 0.00 940400000.00 0.00 0.00 0.00 0.00 940400000.00 0.00 940400000.00 0.00 0.00 553600000.00 5 8.49 8.49 0.00 0.00 8.49 8.49 1. The unaudited Standalone Financial Results for the quarter and half year ended September 30, 2024, ( standalone financial results ) have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 30, 2024. The Statutory Auditors of Grindwell Norton Limited ( the Company ) have carried out a limited review of the standalone financial results. These standalone financial results are prepared and published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. The Standalone 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 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. The Company had accounted for the loss on sale of investment of Rs. 320 lakhs as an exceptional item in the standalone financial results of the previous year. 4.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. 5. The Unaudited Standalone Statement of Assets and Liabilities as at September 30, 2024, is attached herewith as Annexure II. 6.The Unaudited Standalone Statement of Cash Flows for half year ended September 30, 2024, has been prepared under the indirect method as set out in Ind AS - 7 on the Statement of Cash Flows and is attached herewith as Annexure III. 7.The standalone 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. Multi segment 2024-04-01 2024-09-30 Unaudited Standalone 13629200000.00 391700000.00 14020900000.00 4449500000.00 1799900000.00 -100300000.00 1707100000.00 44000000.00 430100000.00 3214000000.00 11544300000.00 2476600000.00 0.00 2476600000.00 608100000.00 9000000.00 617100000.00 0.00 1859500000.00 0.00 0.00 0.00 0.00 1859500000.00 0.00 1859500000.00 0.00 0.00 553600000.00 5 16.79 16.79 0.00 0.00 16.79 16.79 Other Expenses 1655600000.00 Other Expenses 3214000000.00 6597400000.00 257600000.00 756600000.00 467900000.00 484300000.00 900000.00 0.00 0.00 2629200000.00 0.00 91900000.00 286100000.00 3007200000.00 0.00 281300000.00 11853200000.00 4771400000.00 4830400000.00 3668900000.00 339300000.00 1435600000.00 17900000.00 400300000.00 10692400000.00 0.00 688600000.00 16152400000.00 0.00 0.00 28005600000.00 553600000.00 19942900000.00 20496500000.00 20496500000.00 38600000.00 0.00 498700000.00 537300000.00 507400000.00 230000000.00 0.00 3000000.00 1277700000.00 78400000.00 3971500000.00 1129800000.00 5179700000.00 488700000.00 341400000.00 221600000.00 0.00 6231400000.00 0.00 0.00 7509100000.00 28005600000.00 Abrasives 3520038000.00 Ceramics & Plastics 2631700000.00 Digital Services 454900000.00 Others 127100000.00 Abrasives 7014000000.00 Ceramics & Plastics 5532900000.00 Digital Services 910600000.00 Others 223400000.00 6733738000.00 13680900000.00 13900000.00 51700000.00 6719838000.00 13629200000.00 Abrasives 453400000.00 Ceramics & Plastics 444600000.00 Digital Services 122800000.00 Others 18600000.00 Abrasives 927400000.00 Ceramics & Plastics 968900000.00 Digital Services 259200000.00 Others 24700000.00 1039400000.00 2180200000.00 21100000.00 44000000.00 226300000.00 340400000.00 792000000.00 1795800000.00 Abrasives 7976300000.00 Ceramics & Plastics 8332200000.00 Digital Services 882500000.00 Others 476100000.00 17667100000.00 10338500000.00 28005600000.00 Abrasives 3018700000.00 Ceramics & Plastics 2526900000.00 Digital Services 713400000.00 Others 205200000.00 6464200000.00 1044900000.00 7509100000.00 44000000.00 -30300000.00 -168000000.00 0.00 -255500000.00 -7400000.00 0.00 -201400000.00 0.00 362800000.00 0.00 -107500000.00 -200000.00 430100000.00 0.00 3400000.00 0.00 209200000.00 0.00 -1300000.00 117600000.00 73400000.00 8800000.00 -10600000.00 0.00 0.00 0.00 -149700000.00 0.00 -64600000.00 2412000000.00 0.00 0.00 0.00 481500000.00 0.00 1930500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7300000.00 351300000.00 0.00 195800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 117600000.00 81900000.00 0.00 240500000.00 0.00 -99800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 25100000.00 29800000.00 0.00 82600000.00 1882200000.00 14400000.00 0.00 8000000.00 -1975900000.00 -145200000.00 0.00 -145200000.00 484500000.00 339300000.00