NRB Bearings have pioneered in the manufacturing of needle roller bearings in India since 1965. More than 90% of the vehicles running on Indian roads are running on bearings manufactured by NRB.
Financial Results:
NRB Bearings Ltd reported Revenues for Q1FY24 of ₹272.00 Crores up from ₹236.00 Crore year on year, a rise of 15.25%.
Total Expenses for Q1FY24 of ₹244.00 Crores up from ₹206.00 Crores year on year, a rise of 18.45%.
Consolidated Net Profit of ₹19.00 Crores down 20.83% from ₹24.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.91, down 22.67% from ₹2.47 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.