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Date: 2013-08-02

SKF India Q2 profit marginally lower at Rs. 45.87 crore

SKF India Ltd has announced the Financial Results for the period ended June 30, 2013.

The company has reported Net Sales / Income from Operations of Rs.567.44 crores for the quarter ended June 30, 2013 against Rs.582.7 crores for the quarter ended June 30, 2012.

The Net Profit / (Loss) was at Rs.45.87 crores for the quarter ended June 30, 2013 against Rs.46.68 crores for the quarter ended June 30, 2012.

The company has reported an EPS of Rs.8.7 for the quarter ended June 30, 2013 as compared to Rs.8.9 for the quarter ended June 30, 2012.

The company has reported Net Sales / Income from Operations of Rs.1102.73 crores for the half-year ended June 30, 2013 against Rs.1168.03 crores for the half-year ended June 30, 2012.

The Net Profit / (Loss) was at Rs.71.75 crores for the half-year ended June 30, 2013 against Rs.112.64 crores for the half-year ended June 30, 2012.

The company has reported an EPS of Rs.13.6 for the half-year ended June 30, 2013 as compared to Rs.21.4 for the half-year ended June 30, 2012.

Shares of SKF India Ltd was last trading in BSE at Rs.496, up by Rs.0.80 or 0.16%. The stock hit an intraday high of Rs.502 and low of Rs.489.

The total traded quantity was 801 compared to 2 week average of 1477.
(Equity Bulls)


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