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Timken India - Quaterly Results

27 May 2022 Evaluate
The sales surged to Rs. 6674.00 millions, up 40.39% for the March 2022 quarter as against Rs. 4754.00 millions during the corresponding quarter previous year.The Net Profit of the company reported a remarkable increase of 128.87% to Rs. 1213.00  millions  from Rs. 530.00 millions in previous same quarter.Operating profit surged to 1847.00 millions from the corresponding previous quarter of 948.00 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 6674.00 4754.00 40.39 22032.00 14105.00 56.20 22032.00 14105.00 56.20
Other Income 49.00 79.00 -37.97 143.00 196.00 -27.04 143.00 196.00 -27.04
PBIDT 1847.00 948.00 94.83 5249.00 2714.00 93.40 5249.00 2714.00 93.40
Interest 13.00 6.00 116.67 24.00 14.00 71.43 24.00 14.00 71.43
PBDT 1834.00 942.00 94.69 5225.00 2700.00 93.52 5225.00 2700.00 93.52
Depreciation 224.00 195.00 14.87 843.00 749.00 12.55 843.00 749.00 12.55
PBT 1610.00 747.00 115.53 4382.00 1951.00 124.60 4382.00 1951.00 124.60
TAX 397.00 217.00 82.95 1111.00 519.00 114.07 1111.00 519.00 114.07
Deferred Tax 14.00 -10.00 -240.00 -43.00 -54.00 -20.37 -43.00 -54.00 -20.37
PAT 1213.00 530.00 128.87 3271.00 1432.00 128.42 3271.00 1432.00 128.42
Equity 752.00 752.00 0.00 752.00 752.00 0.00 752.00 752.00 0.00
PBIDTM(%) 27.67 19.94 38.78 23.82 19.24 23.82 23.82 19.24 23.82
Peers
Company Name CMP
Schaeffler India 3886.15
Timken India 3101.25
SKF India 1451.35
NRB Bearings 543.65
Menon Bearings 288.55
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