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Timken India standalone net profit rises 141.43% in the March 2019 quarter

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Capital Market

Sales rise 29.70% to Rs 447.96 crore

Net profit of Timken India rose 141.43% to Rs 57.22 crore in the quarter ended March 2019 as against Rs 23.70 crore during the previous quarter ended March 2018. Sales rose 29.70% to Rs 447.96 crore in the quarter ended March 2019 as against Rs 345.39 crore during the previous quarter ended March 2018.

For the full year,net profit rose 61.58% to Rs 148.64 crore in the year ended March 2019 as against Rs 91.99 crore during the previous year ended March 2018. Sales rose 34.88% to Rs 1664.43 crore in the year ended March 2019 as against Rs 1234.01 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales447.96345.39 30 1664.431234.01 35 OPM %22.5913.33 -17.3413.23 - PBDT107.8447.57 127 303.15182.89 66 PBT85.6536.58 134 223.82139.75 60 NP57.2223.70 141 148.6491.99 62

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First Published: May 22 2019 | 3:07 PM IST

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