{"id":159995,"date":"2024-03-19T09:03:42","date_gmt":"2024-03-19T13:03:42","guid":{"rendered":"https:\/\/44.250.171.167\/?p=159995"},"modified":"2024-03-19T09:03:43","modified_gmt":"2024-03-19T13:03:43","slug":"timken-india-ltd-q3fy24-4-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/timken-india-ltd-q3fy24-4-fall-in-profits\/","title":{"rendered":"Timken India Ltd Q3FY24; 4% fall in Profits"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Timken India Ltd reported Revenues for Q3FY24 of \u20b9612.00 Crores up from \u20b9609.00 Crore year on year, a rise of 0.49%.<\/p>\n\n\n\n<p>Total Expenses for Q3FY24 of \u20b9532.00 Crores up from \u20b9529.00 Crores year on year, a rise of 0.57%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b968.00 Crores down 4.23% from \u20b971.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b98.98, down 4.26% from \u20b99.38 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-194-839x1024.png\" alt=\"\" class=\"wp-image-159996\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-194-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-194-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-194-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-194-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-194.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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: [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":159996,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[11492,13781,9731],"class_list":["post-159995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-bearings","tag-components-accessories","tag-power-transmission"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-194.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":167925,"url":"https:\/\/alphastreet.com\/india\/timken-india-ltd-q3fy25-9-rise-in-profits\/","url_meta":{"origin":159995,"position":0},"title":"Timken India Ltd Q3FY25; 9% rise in Profits","author":"Chirag Gupta","date":"April 14, 2025","format":false,"excerpt":"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. 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