SKF India has reported results for second quarter ended September 30, 2014.
The company has registered 25.91% rise in its net profit at Rs 58.65 crore for the quarter under review as compared to Rs 46.58 crore for the same quarter in the previous year. Total income of the company has increased 7.50% at Rs 632.79 crore for Q2FY15, as compared Rs 588.61 crore for the corresponding quarter previous year.
SKF India provides products, solutions and services in the areas of rolling bearings, seals, mechatronics, services and lubrications systems. The company manufactures different types of bearings, seals including roller bearings, bearing units, housings, industrial and hydraulic seals, linear motion products, high precision bearing, spindles, electrical actuators, actuation systems and rolling bearing steel which are used in cars and truck wheels.
