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NRB Industrial - Quaterly Results

31 Jul 2024 Evaluate
A decrease in the sales to Rs. 144.20 millions was observed for the quarter ended June 2024. The sales stood at Rs. 174.53 millions during the similar quarter previous year.The Net Loss for the quarter ended June 2024 is Rs. -80.73 millions as compared to Net Loss of Rs. -64.51 millions of corresponding quarter ended June 2023 Operating profit Margin for the quarter ended June 2024 further decreased to -27.80% as compared to -16.71% of corresponding quarter ended June 2023


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 144.20 174.53 -17.38 144.20 174.53 -17.38 731.12 807.27 -9.43
Other Income 2.84 4.44 -36.04 2.84 4.44 -36.04 18.39 18.24 0.82
PBIDT -27.80 -16.71 66.37 -27.80 -16.71 66.37 -66.44 58.23 -214.10
Interest 30.01 24.77 21.15 30.01 24.77 21.15 111.57 96.58 15.52
PBDT -57.81 -41.48 39.37 -57.81 -41.48 39.37 -178.01 -38.35 364.17
Depreciation 22.92 23.03 -0.48 22.92 23.03 -0.48 83.68 92.88 -9.91
PBT -80.73 -64.51 25.14 -80.73 -64.51 25.14 -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 -80.73 -64.51 25.14 -80.73 -64.51 25.14 -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(%) -19.28 -9.57 101.36 -19.28 -9.57 101.36 -9.09 7.21 -225.98
Peers
Company Name CMP
Schaeffler India 3517.40
Timken India 3059.25
SKF India 1426.30
NRB Bearings 429.15
Menon Bearings 339.75
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