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NRB Bearings - Quaterly Results

07 Nov 2024 Evaluate
The total revenue for the quarter ended September 2024 remained nearly unchanged at Rs. 2721.50 millions.Net profit stood at Rs. 280.30  millions  compared to Rs. 231.80 millions in the corresponding previous quarter,high by 20.92%.The company reported a good operating profit of 494.90 millions compared to 456.50 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 2721.50 2617.30 3.98 5255.00 5091.30 3.22 10227.20 10231.00 -0.04
Other Income 101.20 72.30 39.97 159.80 120.10 33.06 243.90 255.10 -4.39
PBIDT 494.90 456.50 8.41 841.60 858.00 -1.91 1659.50 1788.20 -7.20
Interest 24.20 59.10 -59.05 49.80 119.60 -58.36 206.40 185.20 11.45
PBDT 470.70 397.40 18.44 791.80 914.30 -13.40 3556.90 1497.70 137.49
Depreciation 99.80 92.60 7.78 196.80 183.80 7.07 374.70 359.70 4.17
PBT 370.90 304.80 21.69 595.00 730.50 -18.55 3182.20 1138.00 179.63
TAX 90.60 73.00 24.11 139.20 142.00 -1.97 677.50 280.00 141.96
Deferred Tax -7.90 -7.30 8.22 -25.20 8.10 -411.11 76.50 -29.80 -356.71
PAT 280.30 231.80 20.92 455.80 588.50 -22.55 2504.70 858.00 191.92
Equity 193.80 193.80 0.00 193.80 193.80 0.00 193.80 193.80 0.00
PBIDTM(%) 18.18 17.44 4.26 16.02 16.85 -4.97 16.23 17.48 -7.16
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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