Grindwell Norton Limited — Important, 09-05-2025: General Updates

Grindwell Norton has announced a board meeting to approve the financial results for the quarter and half-year. The company reported standalone revenue of ₹691.23 Cr and net profit of ₹361.83 Cr, with consolidated revenue at ₹709.51 Cr and net profit of ₹371.27 Cr. A dividend of ₹17 per share (340%) is proposed. Key management changes include the resignation of Non-Executive Director Jean-Claude Lasserre and CFO Hari Singudasu, with Prakash Sabarad appointed as the new CFO. The company approved a ₹0.77 Cr investment in Jamnagar Renewals Two Pvt Ltd for green power sourcing.