SKF Bearings Ltd has reported a net profit of Rs 34 m in the 4QFY00. The company's sales have grown by 12.2%, as a result of the pick up in the automobile industry. As a result the company's operating margins jumped to 20.4% in 4QFY00 as expenses grew by only 7.7% YoY.
However due to high interest and depreciation costs and lower other income the profit before tax fell by 15.6% YOY in the 4QFY00.
(Rs m) | 4QFY99 | 4QFY00 | Change |
Sales | 823 | 923 | 12.2% |
Other Income | 33 | 24 | -27.3% |
Expenditure | 686 | 735 | 7.1% |
Operating Profit (EBDIT) | 137 | 188 | 37.2% |
Operating Profit Margin (%) | 16.6% | 20.4% | |
Interest | 53 | 72 | 35.8% |
Depreciation | 72 | 102 | 41.7% |
Profit before Tax | 45 | 38 | -15.6% |
Other Adjustments | -137 | 0 | NM |
Tax | -2 | 4 | NM |
Profit after Tax/(Loss) | (90) | 34 | NM |
Net profit margin (%) | NM | 3.7% | |
Earnings per share | - | 54.0 | |
(annualised) |
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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