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Shares of SKF India slipped 7 per cent to Rs 2,030 on the BSE on Friday, after the company’s profit before tax (PBT) nearly halved at Rs 72.7 crore in December 2019 quarter (Q3FY20), due to lower operational income. It had reported PBT of Rs 142 crore in the same quarter a year ago.
SKF India is a leading technology and solutions provider of bearings, seals, lubrication systems and services.
The company’s revenue from operations declined 7.8 per cent to Rs 707 crore from Rs 768 crore in the corresponding quarter of previous fiscal. Net profit was down
SKF India is a leading technology and solutions provider of bearings, seals, lubrication systems and services.
The company’s revenue from operations declined 7.8 per cent to Rs 707 crore from Rs 768 crore in the corresponding quarter of previous fiscal. Net profit was down
