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SKF India - Quaterly Results

03 Nov 2022 Evaluate
The revenue for the September 2022 quarter is pegged at Rs. 10782.60 millions, about 11.58% up against Rs. 9663.70 millions recorded during the year-ago period.A good growth in profit of 32.57% reported to Rs. 1559.50  millions over Rs. 1176.40 millions of corresponding previous quarter.Operating profit for the quarter ended September 2022 rose to 2247.20 millions as compared to 1690.00 millions of corresponding quarter ended September 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 10782.60 9663.70 11.58 21330.00 16599.00 28.50 36658.90 26707.30 37.26
Other Income 101.60 92.50 9.84 190.70 156.60 21.78 344.00 363.10 -5.26
PBIDT 2247.20 1690.00 32.97 4173.50 2891.70 44.33 5901.40 4563.70 29.31
Interest 3.50 5.50 -36.36 8.30 9.00 -7.78 20.80 21.30 -2.35
PBDT 2243.70 1684.50 33.20 4165.20 2882.70 44.49 5880.60 4542.40 29.46
Depreciation 168.50 123.20 36.77 329.30 263.40 25.02 571.00 579.50 -1.47
PBT 2075.20 1561.30 32.91 3835.90 2619.30 46.45 5309.60 3962.90 33.98
TAX 515.70 384.90 33.98 984.60 651.70 51.08 1358.30 985.60 37.81
Deferred Tax -9.80 1.00 -1080.00 -1.60 -12.00 -86.67 -18.70 -41.80 -55.26
PAT 1559.50 1176.40 32.57 2851.30 1967.60 44.91 3951.30 2977.30 32.71
Equity 494.40 494.40 0.00 494.40 494.40 0.00 494.40 494.40 0.00
PBIDTM(%) 20.84 17.49 19.17 19.57 17.42 12.32 16.10 17.09 -5.79
Peers
Company Name CMP
Schaeffler India 3980.00
Timken India 3223.50
SKF India 1544.35
NRB Bearings 530.90
Menon Bearings 304.00
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