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Timken India - Quaterly Results

10 Nov 2023 Evaluate
The revenue declined to Rs. 6819.84 millions for the quarter ended September 2023 as compared to Rs. 6954.13 millions during the corresponding quarter last year.Net profit declined -4.67% to Rs. 930.46 millions from Rs. 975.99 millions.The company reported a degrowth in operating Profit to 1456.03 millions from 1536.31 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 6819.84 6954.13 -1.93 13995.66 13946.56 0.35 28066.10 22032.44 27.39
Other Income 100.87 215.36 -53.16 194.34 321.18 -39.49 531.75 142.89 272.14
PBIDT 1456.03 1536.31 -5.23 2906.80 3358.61 -13.45 6135.33 5249.68 16.87
Interest 9.03 4.99 80.96 18.34 9.07 102.21 28.13 24.47 14.96
PBDT 1447.00 1531.32 -5.51 2888.46 3349.54 -13.77 6107.20 5225.21 16.88
Depreciation 210.75 216.83 -2.80 424.09 435.19 -2.55 871.99 843.37 3.39
PBT 1236.25 1314.49 -5.95 2464.37 2914.35 -15.44 5235.21 4381.84 19.48
TAX 305.79 338.50 -9.66 632.54 757.83 -16.53 1327.76 1110.79 19.53
Deferred Tax -28.53 13.29 -314.67 -21.24 -8.69 144.42 -16.21 -42.88 -62.20
PAT 930.46 975.99 -4.67 1831.83 2156.52 -15.06 3907.45 3271.05 19.46
Equity 752.19 752.19 0.00 752.19 752.19 0.00 752.19 752.19 0.00
PBIDTM(%) 21.35 22.09 -3.36 20.77 24.08 -13.76 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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