SKF India net profit rises 50.33% in the December 2013 quarter

Sales rise 15.15% to Rs 591.17 crore

Net profit of SKF India rose 50.33% to Rs 48.39 crore in the quarter ended December 2013 as against Rs 32.19 crore during the previous quarter ended December 2012. Sales rose 15.15% to Rs 591.17 crore in the quarter ended December 2013 as against Rs 513.37 crore during the previous quarter ended December 2012.

For the full year,net profit declined 12.29% to Rs 166.72 crore in the year ended December 2013 as against Rs 190.08 crore during the previous year ended December 2012. Sales rose 1.92% to Rs 2246.44 crore in the year ended December 2013 as against Rs 2204.13 crore during the previous year ended December 2012.

ParticularsQuarter EndedYear EndedDec. 2013Dec. 2012% Var.Dec. 2013Dec. 2012% Var.Sales591.17513.37 15 2246.442204.13 2 OPM %11.788.70 -11.6411.72 - PBDT86.6759.02 47 324.57326.72 -1 PBT73.5647.52 55 275.13283.13 -3 NP48.3932.19 50 166.72190.08 -12

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