SKF India Q3 net profit jumps 92%

SKF India has today announced its Q3 results and the company’s net profit for this quarter grew by 92% compared to the last quarter in previous financial year.

Net Profit of the company for the quarter ended September 2007 was up 92% to Rs 43.10 crore compared with Rs 22.39 crore in the same quarter previous year.

Total income of the company also increased 14% to Rs 388.79 crore from Rs 341.10 crore an year ago.

SKF India shares were trading at Rs 373 down Rs 4.65 or 1.23% on the BSE.

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