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16-May-2025

SKF India

OPM jumped by 572 bps


'On consolidated basis

Quarter ended March 2025 compared with Quarter ended March 2024.

Net sales (including other operating income) of SKF India has increased 0.83% to Rs 1213.37 crore.  Operating profit margin has jumped from 17.73% to 23.45%, leading to 33.36% rise in operating profit to Rs 284.54 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 26.68% to 25.25%.   Purchase of finished goods cost fell from 33.59% to 28.06%.   Employee cost increased from 7.14% to 7.89%.   Other expenses rose from 15.52% to 16.45%.   

Other income fell 64.22% to Rs 12.5 crore.  PBIDT rose 19.63% to Rs 297.04 crore.  Provision for interest fell 41.67% to Rs 0.14 crore.  Loan funds declined from Rs 11.76 crore as of 31 March 2024 to Rs 6.92 crore as of 31 March 2025.  Inventories rose to Rs 873.33 crore as of 31 March 2025 from Rs ...



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