SKF India Q2FY24 PBT falls 41% to INR 122 cr
Revenue from operations of the company for the quarter ended September 30, 2023, was at INR1125.2 crore compared to INR 1078.3 crore in the previous year, up 4%.
SKF India Limited
SKF India Limited Overview
INDIA HO
MUMBAICOMPANY SIZE
1864INDIA HO
MUMBAICIN
L29130MH1961PLC011980TYPE
PublicCATEGORY
Company limited by SharesSUB-CATEGORY
Non-govt companyWEBSITE
http://www.skf.comFOUNDED
1961-04-12PAID-UP CAPITAL
52,732,538AUTHORISED CAPITAL
1,000,000,000SKF India Limited in News
SKF India Q1FY24 PBT at INR 207.6 cr
Revenue from operations of the company for the quarter was at INR 1149.6 crore compared to INR 1054.7 crore in the Q1 of the previous year.
SKF India posts 11% revenue growth in Q3 FY23
Focus on pricing actions, robust cash flow momentum, and capital discipline combined with portfolio management helped the company improve its overall margin and strong financial results.
Bearings maker SKF beats forecasts again as demand recovers
The company, whose bearings are used in sectors ranging from construction and transport to mining and wind power, said demand had rebounded from the pandemic-ravaged second quarter, with the automotive sector among the markets seeing an improvement.
Bearings maker SKF India reports net loss at Rs 0.25 cr in Q1FY’21
Total sales slumped 61 percent to Rs 301.24 crore in Q1 June 2020 as against Rs 776.83 crore in Q1 June 2019.
SKF India reports double digit growth in Q2 after 10 quarters
Analysts recommend investors to hold on to the stock as the revenue in the coming quarters is likely to be healthy as increased traction in the automotive sector fired up the stock.
Autoparts maker SKF India Q1 net profit up 29.89% at Rs 60.4 crore
Total income from operations during the period under review stood at Rs 703.17 crore as against Rs 656.54 crore in the same period last fiscal, up 7.1 per cent, SKF India said in a BSE filing.
SKF India employees support drought affected farmers in Maharashtra with NAAM Foundation
SKF India employees have got together with NAAM foundation to help drought affected farmers’ in Maharashtra. The employees decided to contribute the dividend income from their employees’ cooperative account for the cause. This amount was equally matched by the company raising a sum of Rs 7.75 Lakhs.
SKF India posts 27% increase in PAT
The Board has recommended a dividend of Rs 15 (150%) per share as compared to Rs 10 (100%) per share in the previous year.
SKF India's profit falls 14% in Q2 of 2015
The total income of the company saw a marginal increase of 1.4 percent to touch Rs 610.3 crore, up from Rs 601.3 crore in Q2 of 2014
SKF India net sales up 6%, PAT rises by 22% in 2014
The Board of Directors have recommended a final dividend of 25% for the year 2014, which together with the interim dividend of 75% paid in September 2014, makes a total dividend of 100% for the year 2014.
Directors of SKF India Limited
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Prasad Raghava Menon | 00005078 | prmenon@tata.com | Director | 08 Mar,2011 |
| Prakash Manjanath Telang | 00012562 | parkash.telang@gmail.com | Director | 23 Oct,2012 |
| Rakesh Radhakishen Makhija | 00117692 | Rakesh.Makhija@skf.com | Director | 01 Jun,2002 |
| Hema Ashok Hattangady | 00175563 | hema.hattangady@gmail.com | Director | 18 Jul,2014 |
| Shishir Joshipura | 00574970 | Shishir.Joshipura@skf.com | Managing director | 01 Dec,2009 |
| Bernd Dieter Stephan | 07835737 | Director | 08 Jun,2017 |
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