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SKF India standalone net profit declines 23.16% in the September 2020 quarter

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Capital Market

Sales decline 5.88% to Rs 703.24 crore

Net profit of SKF India declined 23.16% to Rs 65.02 crore in the quarter ended September 2020 as against Rs 84.62 crore during the previous quarter ended September 2019. Sales declined 5.88% to Rs 703.24 crore in the quarter ended September 2020 as against Rs 747.20 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales703.24747.20 -6 OPM %13.0612.72 -PBDT98.80115.78 -15 PBT84.28101.64 -17 NP65.0284.62 -23

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First Published: Oct 27 2020 | 5:24 PM IST

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