SKF India Q2 Net up 60 pc at Rs 41 cr-Bearing News

SKF India Q2 Net up 60 pc at Rs 41 cr SKF India on Thrusday posted over 60 per cent increase in net profit at Rs 40.74 crore for the quarter ended June 30, as compared to Rs 25.32 crore for the same quarter a year ago. The total income of the company increased 22.37 per cent to Rs 403.78 crore for the quarter ended June 30, from Rs 329.94 crore a year ago, the supplier of bearings and seals said in a filing to the Bombay Stock Exchange. Shares of the company were trading at Rs 450, up 4.87 per cent on the BSE in afternoon trade.

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