SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems. The company’s product portfolio primarily consists of bearings, seals and lubrication systems. It develops solutions for its customers across automotive and industrial sectors through its 5 technology-centric platforms i.e. bearings and units, seals, mechatronics, lubrication solutions and services.
- SKF India Ltd reported Total revenue for Q4 FY23 of ₹1,095 Crore, up from ₹1,039 Crore year on year depicting a growth of 5%.
- Total Expenses for Q4 FY23 of ₹945 Crore up, from ₹895 Crore year on year, a growth of 6%.
- Consolidated Net Profit of ₹123 Crore, up 13% from ₹109 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹24.9, up 13% from ₹22.1 in the same quarter of the previous year.