GRINDWELL2024-10-012024-12-31 GRINDWELL2024-10-012024-12-31 GRINDWELL2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member GRINDWELL2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member GRINDWELL2024-12-31 GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue01Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue02Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue03Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue04Member GRINDWELL2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue01Member GRINDWELL2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue02Member GRINDWELL2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue03Member GRINDWELL2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue04Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults01Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults02Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults03Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults04Member GRINDWELL2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults01Member GRINDWELL2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults02Member GRINDWELL2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults03Member GRINDWELL2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults04Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets01Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets02Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets03Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets04Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities04Member GRINDWELL2024-12-31in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 506076 GRINDWELL NA Grindwell Norton Limited Equity 2024-04-01 2025-03-31 2025-02-13 2025-01-31 INR Lakhs Third quarter 12:45:00 14:35:00 2025-02-13 2025-02-13 Not applicable Multi segment 2024-10-01 2024-12-31 Unaudited Consolidated 7026064000.00 179512000.00 7205576000.00 2267449000.00 846867000.00 110599000.00 822566000.00 20989000.00 234944000.00 1744126000.00 6047540000.00 1158036000.00 0.00 1158036000.00 270086000.00 11761000.00 281847000.00 0.00 876189000.00 0.00 0.00 0.00 3486000.00 879675000.00 204818000.00 1084493000.00 868216000.00 11459000.00 1073034000.00 11459000.00 553600000.00 5 7.84 7.84 0.00 0.00 7.84 7.84 1. The unaudited Consolidated Financial Results for the quarter and nine year ended December 31, 2024, ( consolidated financial results ) have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 13, 2025. 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 consolidated financial results 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 – ‘Consolidated Financial Statements’. The consolidated financial results 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). The Company also has an Associate Cleanwin Energy Three LLP, where as per the current contractual terms, the Company is not entitled for any share of Profit/(Loss). The unaudited consolidated financial results of the Subsidiary and the Joint Venture entities, duly certified by the Management, have been considered whilst preparing these consolidated financial results. 4. Key numbers of Standalone Financial Results of the Company are as under: Rs. in Lakhs Particulars Quarter ended Nine Months ended Year ended 31-12-2024 30-09-2024 31-12-2023 31-12-2024 31-12-2023 31-03-2024 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Total Income 70,115.99 69,537.87 66,546.77 2,10,324.83 2,02,124.50 2,71,998.98 Profit before tax 11,173.89 12,446.05 12,209.57 35,939.69 38,328.77 50,483.01 Net Profit for the period 8,355.42 9,404.27 9,208.91 26,950.28 28,721.53 38,071.69 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. 807.00 Lakhs and had accounted for the loss on sale of investment of Rs. 35.25 Lakhs as an exceptional item in the consolidated financial results of the previous year. 6. 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. 7. 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. Multi segment 2024-04-01 2024-12-31 Unaudited Consolidated 21020775000.00 571359000.00 21592134000.00 6858063000.00 2646781000.00 -5310000.00 2544275000.00 68485000.00 677560000.00 5118768000.00 17908622000.00 3683512000.00 0.00 3683512000.00 878177000.00 28216000.00 906393000.00 0.00 2777119000.00 0.00 0.00 0.00 7163000.00 2784282000.00 204818000.00 2989100000.00 2761815000.00 22467000.00 2966633000.00 22467000.00 553600000.00 5 24.94 24.94 0.00 0.00 24.94 24.94 Other Expenses 1744126000.00 Other Expenses 5118768000.00 Abrasives 3411688000.00 Ceramics & Plastics 3018243000.00 Digital Services 450207000.00 Others 172750000.00 Abrasives 10425679000.00 Ceramics & Plastics 8962679000.00 Digital Services 1360830000.00 Others 396180000.00 7052888000.00 21145368000.00 26824000.00 124593000.00 7026064000.00 21020775000.00 Abrasives 403941000.00 Ceramics & Plastics 475884000.00 Digital Services 116172000.00 Others 42380000.00 Abrasives 1331375000.00 Ceramics & Plastics 1500918000.00 Digital Services 375356000.00 Others 67041000.00 1038377000.00 3274690000.00 20989000.00 68485000.00 -144134000.00 -484470000.00 1161522000.00 3690675000.00 Abrasives 7642380000.00 Ceramics & Plastics 8573089000.00 Digital Services 941341000.00 Others 423766000.00 17580576000.00 12098368000.00 29678944000.00 Abrasives 3046968000.00 Ceramics & Plastics 2979873000.00 Digital Services 763686000.00 Others 167867000.00 6958394000.00 931949000.00 7890343000.00 251000000.00 251000000.00 46182000.00 46182000.00