Q3FY17 Results: NRB Bearings Ltd
Bhagyashree Vivarekar / 08 Feb 2017
The company reported PAT of Rs 7.6 crore, which represents a sequential QoQ decline of 53.4 per cent and a YoY decline of 1.3 per cent.
NRB Bearings Ltd. reported its standalone results for the quarter ended December 31, 2016 today.
The company posted sales of Rs 165.7 crore for Q3FY17, which represents a 7.74 per cent sequential decline and 4.41 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 12.9 crore and its EBIT margin was 7.79 per cent.
The company reported PAT of Rs 7.6 crore, which represents a sequential QoQ decline of 53.4 per cent and a YoY decline of 1.3 per cent.
NRB Bearings Ltd is an Indian company engaged in the business of manufacturing of ball and roller bearings. The company products includes needle roller bearings, needle bushes and cages, cylindrical roller beraings, taper roller bearings and spherical roller bearings. The company operates in single business segment, viz. bearings.
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