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.
(Rs m) | 3QFY2000 | 3QFY1999 | Change |
Sales | 988.0 | 957.0 | 3.2% |
Other Income | 27.0 | 27.0 | 0.0% |
Expenditure | 800.0 | 761.0 | 5.1% |
Interest | 32.0 | 55.0 | -41.8% |
Depreciation | 83.0 | 120.0 | -30.8% |
Profit before Tax | 100.0 | 48.0 | 108.3% |
Tax | 60.0 | - | |
Profit after Tax/(Loss) | 94.0 | 48.0 | 95.8% |
Net profit margin (%) | 9.5% | 5.0% |
For the quarter ended December 2020, SKF INDIA has posted a net profit of Rs 1 bn (up 150.3% YoY). Sales on the other hand came in at Rs 8 bn (up 15.7% YoY). Read on for a complete analysis of SKF INDIA's quarterly results.
For the quarter ended September 2020, SKF INDIA has posted a net profit of Rs 650 m (down 23.2% YoY). Sales on the other hand came in at Rs 7 bn (down 5.9% YoY). Read on for a complete analysis of SKF INDIA's quarterly results.
Here's an analysis of the annual report of SKF INDIA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of SKF INDIA. Also includes updates on the valuation of SKF INDIA.
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