NRB Bearings Q3 net profit jumps 116.5% to Rs 14.3 crore
The company’s Revenue figure stood at Rs 118.9 crore, as against Rs 91.45 crore in the corresponding quarter last year.
By Agencies |
MUMBAI: NRB Bearings Limited, manufacturers of needle, ball and roller bearings has reported net profit of Rs 14.29 crore in the quarter ending December 31st, 2010. The company witnessed a 116.5% growth in its net profit compared to the same quarter last year.
The company’s Revenue figure stood at Rs 118.9 crore, as against Rs 91.45 crore in the corresponding quarter last year. The EBITDA for the quarter stood at Rs 28.0 crore while the EPS was Rs 1.47.
Financial Results for Nine Months ended on December 31, 2010
Revenue for the nine-month period stood at Rs. 333.87 crore against Rs. 244.81 crore; registering an increase of 36.4%. The Net Profit was reported at Rs. 40.4 crore against Rs. 15.1 crore; up 167.5%.
The company’s Revenue figure stood at Rs 118.9 crore, as against Rs 91.45 crore in the corresponding quarter last year. The EBITDA for the quarter stood at Rs 28.0 crore while the EPS was Rs 1.47.
Financial Results for Nine Months ended on December 31, 2010
Revenue for the nine-month period stood at Rs. 333.87 crore against Rs. 244.81 crore; registering an increase of 36.4%. The Net Profit was reported at Rs. 40.4 crore against Rs. 15.1 crore; up 167.5%.
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