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NRB Bearings standalone net profit declines 56.22% in the March 2019 quarter

Capital Market 

Sales decline 9.64% to Rs 212.69 crore

Net profit of NRB Bearings declined 56.22% to Rs 11.73 crore in the quarter ended March 2019 as against Rs 26.79 crore during the previous quarter ended March 2018. Sales declined 9.64% to Rs 212.69 crore in the quarter ended March 2019 as against Rs 235.39 crore during the previous quarter ended March 2018.

For the full year,net profit rose 20.58% to Rs 98.77 crore in the year ended March 2019 as against Rs 81.91 crore during the previous year ended March 2018. Sales rose 13.19% to Rs 940.21 crore in the year ended March 2019 as against Rs 830.63 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales212.69235.39 -10 940.21830.63 13 OPM %12.2717.94 -17.5718.18 - PBDT22.2346.54 -52 157.99148.29 7 PBT14.3939.21 -63 126.14120.31 5 NP11.7326.79 -56 98.7781.91 21

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 01 2019. 13:35 IST
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