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Timken India reports 21.63% fall in Q1 net profit

03 May 2012 Evaluate

Timken India has reported results for first quarter ended March 31, 2012.

On the standalone basis, the company has posted a fall of 21.63% in its net profit at Rs 18.01 crore for the quarter ended March 31, 2012 as compared to Rs 22.98 crore for the same quarter in the previous year. However, total income has increased by 3.78% at Rs 172.87 crore for quarter under review as compared to Rs 166.57 crore for the quarter ended March 31, 2011.

Peers
Company Name CMP
Schaeffler India 3948.75
Timken India 3300.35
SKF India 1528.60
NRB Bearings 515.05
Menon Bearings 298.00
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