NRB Industrial Bearings has reported results for first quarter ended June 30, 2017.
The company has reported a net loss of Rs 4.64 crore for the quarter under review as compared to a net loss of Rs 4.75 crore for the same quarter in the previous year. Total revenue of the company increased marginally by 0.20% at Rs 9.87 crore for Q1FY18 as compared Rs 9.85 crore for the corresponding quarter previous year.
NRB Industrial Bearings is a leading manufacturer of ball and roller bearings for the industrial market. Manufactured at its world-class facility in Shendra, Aurangabad, the company works with OEMs and end-users to increase uptime while keeping the costs down.
