SKF India standalone net profit rises 39.20% in the March 2021 quarter

Sales rise 38.89% to Rs 847.53 crore

Net profit of SKF India rose 39.20% to Rs 104.87 crore in the quarter ended March 2021 as against Rs 75.34 crore during the previous quarter ended March 2020. Sales rose 38.89% to Rs 847.53 crore in the quarter ended March 2021 as against Rs 610.21 crore during the previous quarter ended March 2020.

For the full year,net profit rose 3.02% to Rs 297.73 crore in the year ended March 2021 as against Rs 288.99 crore during the previous year ended March 2020. Sales declined 6.01% to Rs 2670.73 crore in the year ended March 2021 as against Rs 2841.58 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales847.53610.21 39 2670.732841.58 -6 OPM %17.4910.14 -15.7312.30 - PBDT152.41106.49 43 454.24443.89 2 PBT138.7091.83 51 396.29386.77 2 NP104.8775.34 39 297.73288.99 3

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