Timken India standalone net profit declines 3.60% in the March 2017 quarter

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Sales decline 4.56% to Rs 260.46 crore
Net profit of Timken India declined 3.60% to Rs 25.71 crore in the quarter ended March 2017 as against Rs 26.67 crore during the previous quarter ended March 2016. Sales declined 4.56% to Rs 260.46 crore in the quarter ended March 2017 as against Rs 272.91 crore during the previous quarter ended March 2016.For the full year,net profit rose 5.87% to Rs 97.20 crore in the year ended March 2017 as against Rs 91.81 crore during the previous year ended March 2016. Sales rose 0.51% to Rs 1056.18 crore in the year ended March 2017 as against Rs 1050.83 crore during the previous year ended March 2016.
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First Published: May 25 2017 | 1:01 PM IST