GRINDWELL2023-07-012023-09-30 GRINDWELL2023-07-012023-09-30 GRINDWELL2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member GRINDWELL2023-09-30 GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member GRINDWELL2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GRINDWELL2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GRINDWELL2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 506076 GRINDWELL NA Grindwell Norton Limited Equity 2023-04-01 2024-03-31 2023-11-08 2023-10-23 INR Lakhs Half yearly 12:30:00 13:40:00 2023-11-08 2023-11-08 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Consolidated 6674000000.00 225900000.00 6899900000.00 2242300000.00 896900000.00 -149400000.00 782000000.00 18100000.00 169200000.00 1587900000.00 5547000000.00 1352900000.00 0.00 1352900000.00 317300000.00 13600000.00 330900000.00 0.00 1022000000.00 0.00 0.00 0.00 1100000.00 1023100000.00 -2300000.00 1020800000.00 1018900000.00 4200000.00 1016600000.00 4200000.00 553600000.00 5 9.20 9.20 0.00 0.00 9.20 9.20 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, JV- SG Shinagawa Refractories India Private Limited 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 JV, 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 quarter as well as 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 Half Year ended Year ended 30-09-2023 30-06-2023 30-09-2022 30-09-2023 30-09-2022 31-03-2023 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Total Income 68,109 67,469 64,505 1,35,578 1,29,021 2,57,977 Profit before tax 13,113 13,006 11,953 26,119 24,446 49,087 Net Profit for the period 9,803 9,710 9,037 19,513 18,325 36,593 6. The Board of Directors at its meeting held on October 19, 2023, considered and approved the sale of 49% of its equity stake held in SG Shinagawa Refractories India Private Limited, subject to completion of closing condition for a consideration of INR 807 lakhs. The Company has subsequently, on October 26, 2023, executed a Share Sale and Purchase Agreement with Shinagawa Refractories Co. Ltd., (Japan) and SG Shinagawa Refractories India Private Limited. Value of investment in JV is after considering the company's share of losses. 7. The Segment wise information as required under Regulation 33 of SEBI LODR, as amended is furnished in Ann. I. 8. The Unaudited Consolidated Statement of Assets and Liabilities as at September 30, 2023, is attached herewith as Ann. II. 9. The Unaudited Consolidated Statement of Cash Flows for half year ended September 30, 2023 has been prepared under the indirect method as set out in Ind AS - 7 on the Statement of Cash Flows is attached herewith as Ann. III. Multi segment 2023-04-01 2023-09-30 Unaudited Consolidated 13357500000.00 371900000.00 13729400000.00 4615000000.00 1646100000.00 -245200000.00 1578000000.00 39700000.00 336100000.00 3097300000.00 11067000000.00 2662400000.00 0.00 2662400000.00 647200000.00 17600000.00 664800000.00 0.00 1997600000.00 0.00 0.00 0.00 -5700000.00 1991900000.00 -5800000.00 1986100000.00 1988700000.00 3200000.00 1982900000.00 3200000.00 553600000.00 5 17.96 17.96 0.00 0.00 17.96 17.96 Other Expenses 1587900000.00 Other Expenses 3097300000.00 115000000.00 4573800000.00 1722900000.00 653700000.00 467900000.00 464600000.00 3100000.00 0.00 1500000.00 1983200000.00 0.00 85000000.00 150600000.00 2218800000.00 35700000.00 368600000.00 10510600000.00 4822700000.00 3403800000.00 3191400000.00 1170800000.00 1682700000.00 10700000.00 144300000.00 9603700000.00 0.00 469200000.00 14895600000.00 25406200000.00 553600000.00 17888400000.00 18442000000.00 18557000000.00 31300000.00 0.00 417300000.00 448600000.00 363900000.00 152100000.00 0.00 2900000.00 967500000.00 198300000.00 3497000000.00 1089600000.00 4784900000.00 477000000.00 289000000.00 330800000.00 0.00 5881700000.00 6849200000.00 25406200000.00 Abrasives 3394100000.00 Ceramics & Plastics 2751400000.00 Digital Services 463100000.00 Others 110300000.00 Abrasives 6649500000.00 Ceramics & Plastics 5568100000.00 Digital Services 968300000.00 Others 250900000.00 6718900000.00 13436800000.00 44900000.00 79300000.00 6674000000.00 13357500000.00 Abrasives 485700000.00 Ceramics & Plastics 549300000.00 Digital Services 165500000.00 Others 20900000.00 Abrasives 933400000.00 Ceramics & Plastics 1097400000.00 Digital Services 359500000.00 Others 51200000.00 1221400000.00 2441500000.00 18200000.00 39800000.00 -150800000.00 -255000000.00 1354000000.00 2656700000.00 Abrasives 7475500000.00 Ceramics & Plastics 7525500000.00 Digital Services 645100000.00 Others 466600000.00 16112700000.00 9296500000.00 25409200000.00 Abrasives 2690000000.00 Ceramics & Plastics 2673300000.00 Digital Services 618200000.00 Others 255000000.00 6236500000.00 612700000.00 6849200000.00 39700000.00 -183200000.00 -379700000.00 0.00 29100000.00 -21300000.00 0.00 -30400000.00 0.00 567200000.00 0.00 -65900000.00 -1300000.00 336100000.00 0.00 -3900000.00 0.00 595500000.00 0.00 -1100000.00 94100000.00 67100000.00 7600000.00 0.00 0.00 -131700000.00 7400000.00 0.00 -5700000.00 597200000.00 3259600000.00 0.00 0.00 0.00 566300000.00 0.00 2693300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 29900000.00 1183100000.00 11763300000.00 10599400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 336600000.00 0.00 0.00 0.00 0.00 94100000.00 44400000.00 0.00 0.00 0.00 -187400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16900000.00 25100000.00 0.00 67100000.00 1605400000.00 39800000.00 0.00 -10700000.00 -1731200000.00 774700000.00 0.00 774700000.00 396100000.00 1170800000.00 Remeasurement of post employment benefits n obligations -gain/(loss) -3100000.00 Remeasurement of post employment benefits n obligations -gain/(loss) -7700000.00 -3100000.00 -7700000.00 0.00 0.00 Income-tax relating to these items-Current tax 800000.00 Income-tax relating to these items-Current tax 1900000.00 800000.00 1900000.00 0.00 0.00