The Hindu Business Line : SKF Bearings Q3 net at Rs 7.4 cr

SKF Bearings India Ltd has reported a net profit of Rs 7.37 crore for the third quarter ended September 30, 2002 as against a net loss of Rs 2.76 crore in the corresponding period last year.

Sales of the company for the period under review stood at Rs 94.8 crore (Rs 90.16 crore).

A statement issued by the company said that net profit of the company for the nine-month period ended September 30, 2002 stood at Rs 13.35 crore as against a net profit of Rs 8.56 crore recorded in the same period during the previous year. Sales for the period stood at Rs 294 crore (Rs 260 crore).

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SKF Bearings Q3 net at Rs 7.4 cr