NRB Bearings consolidated net profit declines 87.12% in the December 2024 quarter
08 - Feb - 2025 12:00 | 51 days ago
Net profit of NRB Bearings declined 87.12% to Rs 21.33 crore in the quarter ended December 2024 as against Rs 165.60 crore during the previous quarter ended December 2023. Sales rose 7.78% to Rs 278.52 crore in the quarter ended December 2024 as against Rs 258.41 crore during the previous quarter ended December 2023.
Profit before tax (PBT) stood at Rs 47.63 crore in September 2024 quarter, up 41.63% from Rs 33.63 crore posted in same quarter last year.
During the quarter, total expenses rose 5.52% YoY to Rs 264.26 crore. Cost of material consumed rose 5.2% to Rs 121.57 crore and employee benefits cost increased 8.98% to Rs 48.16 crore.
Net cash generated from operating activities stood at Rs 79.98 crore in six months ended 30 September 2024 as against Rs 29.85 crore in six months ended 30 September 2023.
NRB Bearings offers a wide range of high-precision customized friction solutions. It products include needle roller bearings, conventional cylindrical roller bearings and lightweight drawn cup bearings.
Profit before tax (PBT) stood at Rs 47.63 crore in September 2024 quarter, up 41.63% from Rs 33.63 crore posted in same quarter last year.
During the quarter, total expenses rose 5.52% YoY to Rs 264.26 crore. Cost of material consumed rose 5.2% to Rs 121.57 crore and employee benefits cost increased 8.98% to Rs 48.16 crore.
Net cash generated from operating activities stood at Rs 79.98 crore in six months ended 30 September 2024 as against Rs 29.85 crore in six months ended 30 September 2023.
NRB Bearings offers a wide range of high-precision customized friction solutions. It products include needle roller bearings, conventional cylindrical roller bearings and lightweight drawn cup bearings.
NRB Bearings consolidated net profit rises 46.55% in the September 2024 quarter
08 - Nov - 2024 12:00 | 143 days ago
Net profit of NRB Bearings rose 46.55% to Rs 35.26 crore in the quarter ended September 2024 as against Rs 24.06 crore during the previous quarter ended September 2023. Sales rose 8.07% to Rs 301.51 crore in the quarter ended September 2024 as against Rs 278.99 crore during the previous quarter ended September 2023.
NRB Bearings consolidated net profit declines 87.12% in the December 2024 quarter
08 - Feb - 2025 12:00 | 51 days ago
Net profit of NRB Bearings declined 87.12% to Rs 21.33 crore in the quarter ended December 2024 as against Rs 165.60 crore during the previous quarter ended December 2023. Sales rose 7.78% to Rs 278.52 crore in the quarter ended December 2024 as against Rs 258.41 crore during the previous quarter ended December 2023.
Profit before tax (PBT) stood at Rs 47.63 crore in September 2024 quarter, up 41.63% from Rs 33.63 crore posted in same quarter last year.
During the quarter, total expenses rose 5.52% YoY to Rs 264.26 crore. Cost of material consumed rose 5.2% to Rs 121.57 crore and employee benefits cost increased 8.98% to Rs 48.16 crore.
Net cash generated from operating activities stood at Rs 79.98 crore in six months ended 30 September 2024 as against Rs 29.85 crore in six months ended 30 September 2023.
NRB Bearings offers a wide range of high-precision customized friction solutions. It products include needle roller bearings, conventional cylindrical roller bearings and lightweight drawn cup bearings.
NRB Bearings consolidated net profit rises 46.55% in the September 2024 quarter
08 - Nov - 2024 12:00 | 143 days ago
Net profit of NRB Bearings rose 46.55% to Rs 35.26 crore in the quarter ended September 2024 as against Rs 24.06 crore during the previous quarter ended September 2023. Sales rose 8.07% to Rs 301.51 crore in the quarter ended September 2024 as against Rs 278.99 crore during the previous quarter ended September 2023.
NRB Bearings consolidated net profit declines 87.12% in the December 2024 quarter
08 - Feb - 2025 12:00 | 51 days ago
Net profit of NRB Bearings declined 87.12% to Rs 21.33 crore in the quarter ended December 2024 as against Rs 165.60 crore during the previous quarter ended December 2023. Sales rose 7.78% to Rs 278.52 crore in the quarter ended December 2024 as against Rs 258.41 crore during the previous quarter ended December 2023.
Profit before tax (PBT) stood at Rs 47.63 crore in September 2024 quarter, up 41.63% from Rs 33.63 crore posted in same quarter last year.
During the quarter, total expenses rose 5.52% YoY to Rs 264.26 crore. Cost of material consumed rose 5.2% to Rs 121.57 crore and employee benefits cost increased 8.98% to Rs 48.16 crore.
Net cash generated from operating activities stood at Rs 79.98 crore in six months ended 30 September 2024 as against Rs 29.85 crore in six months ended 30 September 2023.
NRB Bearings offers a wide range of high-precision customized friction solutions. It products include needle roller bearings, conventional cylindrical roller bearings and lightweight drawn cup bearings.
Profit before tax (PBT) stood at Rs 47.63 crore in September 2024 quarter, up 41.63% from Rs 33.63 crore posted in same quarter last year.
During the quarter, total expenses rose 5.52% YoY to Rs 264.26 crore. Cost of material consumed rose 5.2% to Rs 121.57 crore and employee benefits cost increased 8.98% to Rs 48.16 crore.
Net cash generated from operating activities stood at Rs 79.98 crore in six months ended 30 September 2024 as against Rs 29.85 crore in six months ended 30 September 2023.
NRB Bearings offers a wide range of high-precision customized friction solutions. It products include needle roller bearings, conventional cylindrical roller bearings and lightweight drawn cup bearings.
NRB Bearings consolidated net profit rises 46.55% in the September 2024 quarter
08 - Nov - 2024 12:00 | 143 days ago
Net profit of NRB Bearings rose 46.55% to Rs 35.26 crore in the quarter ended September 2024 as against Rs 24.06 crore during the previous quarter ended September 2023. Sales rose 8.07% to Rs 301.51 crore in the quarter ended September 2024 as against Rs 278.99 crore during the previous quarter ended September 2023.
