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NRB Industrial - Quaterly Results

21 May 2024 Evaluate
The sales is pegged at Rs. 186.51 millions for the March 2024 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 218.15 millions during the year-ago period.The Net Loss for the quarter ended March 2024 is Rs. -73.55 millions as compared to Net Loss of Rs. -37.33 millions of corresponding quarter ended March 2023Operating profit Margin for the quarter ended March 2024 slipped to -31.56% as compared to 12.82% of corresponding quarter ended March 2023


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 186.51 218.15 -14.50 731.12 807.27 -9.43 731.12 807.27 -9.43
Other Income 4.30 5.41 -20.52 18.39 18.24 0.82 18.39 18.24 0.82
PBIDT -31.56 12.82 -346.18 -66.44 58.23 -214.10 -66.44 58.23 -214.10
Interest 27.68 25.98 6.54 111.57 96.58 15.52 111.57 96.58 15.52
PBDT -59.24 -13.16 350.15 -178.01 -38.35 364.17 -178.01 -38.35 364.17
Depreciation 14.31 24.17 -40.79 83.68 92.88 -9.91 83.68 92.88 -9.91
PBT -73.55 -37.33 97.03 -261.69 -131.23 99.41 -261.69 -131.23 99.41
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -73.55 -37.33 97.03 -261.69 -131.23 99.41 -261.69 -131.23 99.41
Equity 48.46 48.46 0.00 48.46 48.46 0.00 48.46 48.46 0.00
PBIDTM(%) -16.92 5.88 -387.94 -9.09 7.21 -225.98 -9.09 7.21 -225.98
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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