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SKF India - Quaterly Results

17 May 2023 Evaluate
The Revenue for the quarter ended  March 2023 of Rs. 10946.90 millions grew by 5.36 % from Rs. 10390.10 millions.A humble growth in net profit of 12.22% reported in the quarter ended March 2023 to Rs. 1228.50  millions from Rs. 1094.70 millions.Operating profit surged to 1867.80 millions from the corresponding previous quarter of 1615.80 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 10946.90 10390.10 5.36 43049.20 36658.90 17.43 43049.20 36658.90 17.43
Other Income 197.70 21.40 823.83 518.70 346.20 49.83 518.70 346.20 49.83
PBIDT 1867.80 1615.80 15.60 8012.80 5901.40 35.78 8012.80 5901.40 35.78
Interest 3.20 7.30 -56.16 15.10 20.80 -27.40 15.10 20.80 -27.40
PBDT 1864.60 1608.50 15.92 7997.70 5880.60 36.00 7997.70 5880.60 36.00
Depreciation 168.90 151.80 11.26 668.40 571.00 17.06 668.40 571.00 17.06
PBT 1695.70 1456.70 16.41 7329.30 5309.60 38.04 7329.30 5309.60 38.04
TAX 467.20 362.00 29.06 2081.40 1358.30 53.24 2081.40 1358.30 53.24
Deferred Tax 40.50 -43.10 -193.97 5.70 -18.70 -130.48 5.70 -18.70 -130.48
PAT 1228.50 1094.70 12.22 5247.90 3951.30 32.81 5247.90 3951.30 32.81
Equity 494.40 494.40 0.00 494.40 494.40 0.00 494.40 494.40 0.00
PBIDTM(%) 17.06 15.55 9.72 18.61 16.10 15.62 18.61 16.10 15.62
Peers
Company Name CMP
Schaeffler India 4003.05
Timken India 3228.80
SKF India 1540.00
NRB Bearings 533.15
Menon Bearings 304.90
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