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Fag net leaps 88%

Nov 1, 1999

Fag Bearings has posted net profit of Rs 26 m (up 87.6%) in 2QFY2000. Sales have increased by 13.5%. The company's net profit margin has increased to 5.2% from 3.1% in 2QFY1999.

  3QFY2000 3QFY1999 Change
Net Sales 495 436 13.5%
Other Income 12 8 47.4%
Expenditure 402 364 10.5%
Interest 35 31 10.9%
Depreciation 42 35 19.9%
Profit before Tax 29 14 102.1%
Tax 3 1 500.0%
Profit after Tax 26 14 87.6%
Net profit margin 5.2% 3.1%  

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