SKF India Q1 net up 60%

SKF India today posted a 60% increase in net profit at Rs 22.52 crore for the first quarter ended March 31, 2006 when compared with Rs 14.01 crore in Q1FY05.

According to a release issued by the company to the BSE today, total income increased to Rs 298.12 crore in Q1FY06 from Rs 177.88 crore in Q1FY05.