SKF India posts 9 per cent fall in April-June net profit
Bearings maker SKF India today reported 9.36 per cent decline in net profit for the quarter ended June 30, 2012 at Rs 46.67 crore.
By PTI | Updated:
NEW DELHI: Bearings maker SKF India today reported 9.36 per cent decline in net profit for the quarter ended June 30, 2012 at Rs 46.67 crore.
The company had posted a net profit of Rs 51.49 crore in the corresponding period last year, SKF India said in a filing to the BSE.
The net income in the last quarter also dipped by 3.15 per cent to Rs 578.01 crore from Rs 596.82 crore in the year-ago period, it added.
The shares of SKF India today closed 1.26 per cent down at Rs 615 apiece on the BSE.
The company had posted a net profit of Rs 51.49 crore in the corresponding period last year, SKF India said in a filing to the BSE.
The net income in the last quarter also dipped by 3.15 per cent to Rs 578.01 crore from Rs 596.82 crore in the year-ago period, it added.
The shares of SKF India today closed 1.26 per cent down at Rs 615 apiece on the BSE.
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