Leading providers of goods, services, and solutions in the fields of rolling bearings, seals, mechanical electronics, and lubricating systems include SKF India Ltd.
Financial Results:
The manufacturer of automotive components SKF India reported that its consolidated net earnings increased by 31% to ₹ 116.67 crores in the December quarter compared to the same quarter in the prior fiscal.
In the third quarter of FY22, the firm reported a consolidated net profit of rupees 88.79 crores.
From ₹ 967 crores in the same period of FY22, the operating revenue increased by 11% to ₹ 1,077.20 crores in the quarter under review.