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NRB Industrial Bearings posts net loss of Rs 4.64 crore in Q1

04 Aug 2017 Evaluate

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.

NRB Industrial Share Price

30.71 0.51 (1.69%)
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