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Timken India - Quaterly Results

11 Aug 2023 Evaluate
The total revenue for the quarter ended June 2023 remained nearly unchanged at Rs. 7175.82 millions.The Net Profit of the company registered a slight decline of -23.65% to Rs. 901.37  millions from Rs. 1180.53 millions.Operating profit for the quarter ended June 2023 decreased to 1450.77 millions as compared to 1822.30 millions of corresponding quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 7175.82 6992.43 2.62 7175.82 6992.43 2.62 28066.10 22032.44 27.39
Other Income 93.47 105.82 -11.67 93.47 105.82 -11.67 531.75 142.89 272.14
PBIDT 1450.77 1822.30 -20.39 1450.77 1822.30 -20.39 6135.33 5249.68 16.87
Interest 9.31 4.08 128.19 9.31 4.08 128.19 28.13 24.47 14.96
PBDT 1441.46 1818.22 -20.72 1441.46 1818.22 -20.72 6107.20 5225.21 16.88
Depreciation 213.34 218.36 -2.30 213.34 218.36 -2.30 871.99 843.37 3.39
PBT 1228.12 1599.86 -23.24 1228.12 1599.86 -23.24 5235.21 4381.84 19.48
TAX 326.75 419.33 -22.08 326.75 419.33 -22.08 1327.76 1110.79 19.53
Deferred Tax 7.29 -21.98 -133.17 7.29 -21.98 -133.17 -16.21 -42.88 -62.20
PAT 901.37 1180.53 -23.65 901.37 1180.53 -23.65 3907.45 3271.05 19.46
Equity 752.19 752.00 0.03 752.19 752.00 0.03 752.19 752.19 0.00
PBIDTM(%) 20.22 26.06 -22.42 20.22 26.06 -22.42 21.86 23.83 -8.25
Peers
Company Name CMP
Schaeffler India 3948.75
Timken India 3300.35
SKF India 1528.60
NRB Bearings 515.05
Menon Bearings 298.00
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