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SKF India Ltd Q1FY24; 20% rise in Profits

SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems.

Financial Results:

SKF India Ltd reported Revenues for Q1FY24 of ₹1,150.00 Crores up from ₹1,055.00 Crore year on year, a rise of 9.0%.

Total Expenses for Q1FY24 of ₹965.00 Crores up from ₹887.00 Crores year on year, a rise of 8.79%.

Consolidated Net Profit of ₹155.00 Crores up 20.16% from ₹129.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹31.26, up 19.63% from ₹26.13 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.

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