SKF India Q1 FY11 Results : Net up 174.19%

by khalid on 25/07/2010 · 0 comments

SKF is the world leader in Rolling Bearings and its subsidiary SKF India’s principal activity is to manufacture and market ball and roller bearings.The company has announced Q1 (ending June 2010) results of the current fiscal (FY10-11) and the net profit rose 174.19% to Rs 48.45 crore. It was Rs 17.67 crore in Q1 (ending June 2009) last year.

The company informed the BSE that the total sales rose 33.53% to Rs 504.86 crore in Q1 (ending June 2010) of the current fiscal (FY10-11) when compared with the same quarter Q1 (ending June 2009) of previous year. Total sales was Rs 378.10 crores in last year’s quarter Q1.

Share’s Data :-
BSE Code : 500472
Mkt. Cap : Rs 2,761.48 Crores
SKF India Ltd. share’s CMP is Rs 524.00 on 29th July 2010.

Source :- BelltheBull

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