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Revenue from operations stood Rs 1,203.4 crore in March 2024 quarter, up by 9.93% from Rs 1,094.69 crore in same quarter last year.
Profit before tax declined 35.16% year on year to Rs 229.19 crore in the quarter ended 31 March 2024.
On full year basis, the company reported a 5.13% increase in consolidated net profit to Rs 551.8 crore on 6.16% rise in revenue to Rs 4,570.13 crore in FY24 over FY23.
Meanwhile, the firm’s board recommended a final dividend of Rs 130 per equity share for the financial year 2023-24.
SKF India is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems.
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