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15-Nov-2024

SKF India

NP up 4.69%


'On consolidated basis

Quarter ended September 2024 compared with Quarter ended September 2023.

Net sales (including other operating income) of SKF India has increased 10.58% to Rs 1244.23 crore.  Operating profit margin has declined from 11.02% to 9.95%, leading to 0.12% decline in operating profit to Rs 123.83 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 25.67% to 23.91%.   Purchase of finished goods cost rose from 39.93% to 44.31%.   Employee cost decreased from 7.59% to 6.48%.   Other expenses rose from 15.66% to 15.84%.   

Other income rose 32.23% to Rs 23.47 crore.  PBIDT rose 3.93% to Rs 147.3 crore.  Provision for interest fell 62.50% to Rs 0.18 crore.  Loan funds declined from Rs 14.59 crore as of 30 September 2023 to Rs 10.21 crore as of 30 September 2024.  Inventories rose to Rs 824.77 crore as of 30...



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