Timken India Ltd is engaged in the manufacturing, distribution and sale of anti-friction bearings, components, accessories and mechanical power transmission products for the customer base across different sectors. It also provided maintenance contracts and refurbishment services and industrial services. It was incorporated in 1987 and is a part of the global Timken Group.
Financial Results:
Timken India Ltd reported Revenues for Q2FY24 of ₹682.00 Crores down from ₹695.00 Crore year on year, a fall of 1.87%.
Total Expenses for Q2FY24 of ₹568.00 Crores down from ₹585.00 Crores year on year, a fall of 2.91%.
Consolidated Net Profit of ₹93.00 Crores down 5.1% from ₹98.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹12.37, down 4.70% from ₹12.98 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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