SKF India Limited. Q4 results show revenue rise from 1090.2 to 1114.4 crores, a 2.22% increase in growth. EPS also rise from ₹23.6 to ₹24.9, up by 5.51%.
First, Let’s Begin with Quarter-on-Quarter Basis:
SKF India Ltd. shared its Q4 results on Wednesday. They earned 1114.4 crores in revenue this quarter, but that’s higher than the 1090.2 crores they made last quarter. The company’s growth increased by 2.22 percent when comparing the two quarters.
In terms of profits, SKF India Ltd’s PAT (Profit After Tax) for this quarter was 122.9 crores, up from 116.6 crores in the previous quarter. Their quarter-to-quarter growth inclined by 5.40 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹24.9, which is an increase of 5.51% from the ₹23.6 EPS in the previous quarter.
Also read: ☞ ” Sterlite Technologies Q4FY23 Results: Consolidated PAT Rises at Rs 65 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 4356.7 crores this year (2023), which is 17.73 percent higher than last year’s total revenue of 3700.5 crores.
This year’s PAT (Profit After Tax) is 524.8 crores, which is also 32.89% higher than last year’s PAT of 394.9 crores.
The EPS (Earnings Per Share) for this year is ₹106.2, which is 32.92% more than the EPS of ₹79.9 earned last year.
SKF India Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹40 per Equity Share of Face Value of ₹10 each of the Company. Total Dividend for FY23 stood at ₹14.50 per Equity Share (Interim Dividend of ₹10 per Equity Share)
| Dividend | Record Date |
| ₹40 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
About SKF India:
Since its inception in 1923, SKF has been actively operating in India and has grown to become a leading provider of automotive and industrial engineered solutions. The company’s success is built upon its five technology-centric platforms: bearings and units, seals, lubrication, condition monitoring, and maintenance services. Through these platforms, SKF delivers industry-leading solutions to meet the diverse needs of various sectors.
Download Full PDF Q4 Results of SKF India: Click Here
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