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SKF India standalone net profit declines 42.13% in the December 2019 quarter

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Capital Market

Sales decline 7.86% to Rs 707.34 crore

Net profit of SKF India declined 42.13% to Rs 51.19 crore in the quarter ended December 2019 as against Rs 88.45 crore during the previous quarter ended December 2018. Sales declined 7.86% to Rs 707.34 crore in the quarter ended December 2019 as against Rs 767.65 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales707.34767.65 -8 OPM %10.2615.85 -PBDT87.18153.39 -43 PBT72.72141.91 -49 NP51.1988.45 -42

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First Published: Feb 06 2020 | 4:46 PM IST

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