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SKF Bearings net zooms 96%

Feb 12, 2000

SKF Bearings, the largest manufacturer of bearings in the world, has posted a marginal rise of 3.2% in sales to Rs 988 m. Net profit jumped 96% to clock Rs 94.0 m.The company's net profit margin has nearly doubled to 9.5% from 5.0% in 3QFY1999.

TACO firms up Rs 30 bn investments

Oct 25, 1999

Newspaper reports reveal that Tata AutoComp Systems Ltd. (TACO) plans to invest Rs 30 bn in a slew of fresh joint ventures (JV) over the next five years.


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