SKF India has reported results for third quarter ended December 31, 2016.
The company has reported 16.14% rise in its net profit at Rs 65.34 crore for the quarter under review as compared to Rs 56.26 crore for the same quarter in the previous year. Total income of the company increased by 9.17% at Rs 739.68 crore for the quarter under review as compared Rs 677.54 crore for the corresponding quarter previous year.
Consequent to change in the financial year of the company, year to date figures for period ended December 31, 2016 are for nine months and year to date figures for period ended December 31, 2015 are for twelve months and hence they are not comparable.