Grindwell Norton Share Price Gains Over 4% After Q2 FY27 Earnings Results: Total Income Up 14.6% YoY

On October 29, 2026, Grindwell Norton Limited reported its unaudited consolidated financial results for the quarter and half-year ended September 30, 2026, as per the exchange filings.  

The company experienced growth in both total income and net profit, reflecting a positive performance in its various business segments. 

Grindwell Norton Q2 FY27 Earnings Results 

In the September 2026 quarter, Grindwell Norton Limited's total income increased by 14.6% year-on-year (YoY) to ₹923.13 crore, compared to ₹805.73 crore in the same quarter of the previous year. Sequentially, this represents an 11.5% rise from ₹827.87 crore in the June 2026 quarter.  

The net profit for the quarter rose by 24% YoY to ₹133.17 crore, up from ₹107.43 crore a year ago, and marked a 15.5% increase from ₹115.32 crore in the June 2026 quarter. 

Half-Yearly Financial Performance 

For the half-year ended September 30, 2026, the total income was ₹1,751.01 crore, reflecting a 14.2% YoY increase from ₹1,533.01 crore in the corresponding period of the previous year.  

The net profit for this period was ₹248.49 crore, a 23.1% rise from ₹201.87 crore in the previous year. 

Segment Revenue Analysis 

The Abrasives segment recorded a quarterly standalone and consolidated revenue of ₹421.47 crore. Ceramics & Plastics generated standalone and consolidated revenues of ₹369.31 crore and ₹392.71 crore, respectively. The Digital Services segment maintained a steady revenue of ₹59.43 crore, while other business operations contributed ₹20.49 crore. 

Balance Sheet and Cash Flow 

As of September 30, 2026, Grindwell Norton Limited's total standalone assets were valued at ₹3,520.56 crore, with equity accounting for ₹2,585.69 crore. The group's consolidated assets reached ₹3,566.55 crore, with equity valued at ₹2,617.58 crore against total liabilities of ₹948.97 crore. 

Read More: Piramal Pharma Share Price Gains Over 14% Post Q2 FY27 Earnings Results: Total Income Up 25.8% YoY! 

Corporate Cash Flows 

The net cash inflow from standalone operating activities for the half-year was ₹213.98 crore, with cash and cash equivalents at ₹106.93 crore. The group's consolidated operating activities generated a net cash inflow of ₹205.97 crore, with cash and cash equivalents at ₹108.47 crore. 

Grindwell Norton Share Price Performance 

As of October 29, 2026, at 3:01 PM, Grindwell Norton share price on NSE was trading at ₹1,935.30, up by 4.54% from the previous closing price. 

Conclusion 

Grindwell Norton Limited reported a 14.6% YoY increase in total income to ₹923.13 crore and a 24% YoY rise in net profit to ₹133.17 crore for the September 2026 quarter. The half-year figures showed a 14.2% YoY increase in total income to ₹1,751.01 crore and a 23.1% YoY rise in net profit to ₹248.49 crore. 

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