SNL Bearings standalone net profit declines 25.40% in the March 2022 quarter

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Sales decline 14.62% to Rs 10.69 crore
Net profit of SNL Bearings declined 25.40% to Rs 1.88 crore in the quarter ended March 2022 as against Rs 2.52 crore during the previous quarter ended March 2021. Sales declined 14.62% to Rs 10.69 crore in the quarter ended March 2022 as against Rs 12.52 crore during the previous quarter ended March 2021.For the full year,net profit rose 42.65% to Rs 8.83 crore in the year ended March 2022 as against Rs 6.19 crore during the previous year ended March 2021. Sales rose 19.30% to Rs 43.51 crore in the year ended March 2022 as against Rs 36.47 crore during the previous year ended March 2021.
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First Published: May 25 2022 | 8:22 AM IST