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SKF India - Quaterly Results

08 May 2024 Evaluate
The revenue zoomed 9.93% to Rs. 12034.00 millions for the quarter ended March 2024 as compared to Rs. 10946.90 millions during the corresponding quarter last year.Good  Net Profit growth of 42.30% reported above the corresponding previous quarter figure of Rs. 1228.50 millions to Rs. 1748.10 millioins.Operating profit surged to 2483.10 millions from the corresponding previous quarter of 1867.80 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 12034.00 10946.90 9.93 45701.30 43049.20 6.16 45701.30 43049.20 6.16
Other Income 349.40 197.70 76.73 940.10 518.70 81.24 940.10 518.70 81.24
PBIDT 2483.10 1867.80 32.94 8116.00 8012.80 1.29 8116.00 8012.80 1.29
Interest 2.40 3.20 -25.00 12.10 15.10 -19.87 12.10 15.10 -19.87
PBDT 2480.70 1864.60 33.04 8103.90 7997.70 1.33 8103.90 7997.70 1.33
Depreciation 188.80 168.90 11.78 746.00 668.40 11.61 746.00 668.40 11.61
PBT 2291.90 1695.70 35.16 7357.90 7329.30 0.39 7357.90 7329.30 0.39
TAX 543.80 467.20 16.40 1840.20 2081.40 -11.59 1840.20 2081.40 -11.59
Deferred Tax -14.40 40.50 -135.56 -60.20 5.70 -1156.14 -60.20 5.70 -1156.14
PAT 1748.10 1228.50 42.30 5517.70 5247.90 5.14 5517.70 5247.90 5.14
Equity 494.40 494.40 0.00 494.40 494.40 0.00 494.40 494.40 0.00
PBIDTM(%) 20.63 17.06 20.93 17.76 18.61 -4.59 17.76 18.61 -4.59
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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