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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 Company's Net profit for the June 2023 quarter have declined marginally to Rs. 901.37  millions as against Rs. 1180.53 millions reported during the corresponding quarter ended.A decline of 1450.77 millions was observed in the OP in the quarter ended June 2023 from 1822.30 millions on QoQ basis.


(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 3886.15
Timken India 3101.25
SKF India 1451.35
NRB Bearings 543.65
Menon Bearings 288.55
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