SKF India standalone net profit rises 23.59% in the March 2018 quarter

Sales rise 7.63% to Rs 703.64 crore

Net profit of SKF India rose 23.59% to Rs 71.56 crore in the quarter ended March 2018 as against Rs 57.90 crore during the previous quarter ended March 2017. Sales rose 7.63% to Rs 703.64 crore in the quarter ended March 2018 as against Rs 653.74 crore during the previous quarter ended March 2017.

For the full year,net profit rose 21.32% to Rs 295.89 crore in the year ended March 2018 as against Rs 243.89 crore during the previous year ended March 2017. Sales rose 4.52% to Rs 2750.41 crore in the year ended March 2018 as against Rs 2631.41 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales703.64653.74 8 2750.412631.41 5 OPM %15.0812.16 -15.8112.77 - PBDT123.2499.14 24 501.23423.48 18 PBT111.7287.60 28 455.49375.60 21 NP71.5657.90 24 295.89243.89 21

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