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SKF India - Quaterly Results

08 Feb 2024 Evaluate
The quarter ended December 2023 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 10923.10 millions.Profit saw a slight increase of 13.49%to Rs. 1321.90  millions from Rs. 1164.80 millions.A decline of 1961.60 millions was observed in the OP in the quarter ended December 2023 from 1970.90 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 10923.10 10772.00 1.40 33671.20 32102.00 4.89 43049.20 36658.90 17.43
Other Income 236.80 130.30 81.73 664.80 321.00 107.10 518.70 346.20 49.83
PBIDT 1961.60 1970.90 -0.47 5633.00 6134.40 -8.17 8012.80 5901.40 35.78
Interest 2.50 3.60 -30.56 10.20 11.90 -14.29 15.10 20.80 -27.40
PBDT 1959.10 1967.30 -0.42 5622.80 6122.50 -8.16 7997.70 5880.60 36.00
Depreciation 188.80 170.20 10.93 557.00 489.50 13.79 668.40 571.00 17.06
PBT 1770.30 1797.10 -1.49 5065.80 5633.00 -10.07 7329.30 5309.60 38.04
TAX 448.40 632.30 -29.08 1296.40 1616.90 -19.82 2081.40 1358.30 53.24
Deferred Tax -8.80 -30.60 -71.24 -45.80 -32.20 42.24 5.70 -18.70 -130.48
PAT 1321.90 1164.80 13.49 3769.40 4016.10 -6.14 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(%) 17.96 18.30 -1.85 16.73 19.11 -12.45 18.61 16.10 15.62
Peers
Company Name CMP
Schaeffler India 3650.85
Timken India 2881.00
SKF India 1438.45
NRB Bearings 509.00
Menon Bearings 283.35
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