Grindwell Norton Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting

Grindwell Norton has announced the outcome of its board meeting held on July 25, 2025. The company approved its consolidated financial results for the quarter ended June 30, 2025. Revenue from operations stood at ₹703.46 Cr, with a net profit of ₹94.44 Cr. This indicates a slight increase in net profit despite a marginal dip in revenue compared to the previous year's same quarter. Additionally, the Board gave the green light to acquire land in Halol, Gujarat, for up to ₹18 Cr. This strategic purchase is crucial for supporting the company's future business expansion and is expected to close by March 31, 2026.