SKF India Limited — Results, 17-12-2024: Reply to Clarification- Financial results

**SKF India Limited Financial Summary:**

Consolidated revenue from operations for the quarter ended September 30, 2024, is ₹12,442.3 crore, reflecting a year-over-year increase of 2.9%. The growth is primarily attributed to resilient demand in the bearings segment and operational efficiencies. Total income stands at ₹12,677.2 crore for the quarter.

Net profit for the quarter is reported at ₹943.4 crore, a notable increase from ₹533.8 crore in the same quarter last year, leading to an earnings per share (EPS) of ₹19.1 (previously ₹11.2). This improvement is driven by higher revenues and effective cost management strategies.

Operational costs reflected an increase of 7.6% year-over-year, with total expenses at ₹11,406.7 crore, largely due to higher raw material costs and investment in capacity expansion. Employee benefits expenses remained stable, which indicates effective cost control.

The balance sheet shows total assets of ₹35,098.4 crore, with current liabilities at ₹12,163.2 crore, indicating a healthy liquidity position. The company reported a cash flow from operating activities of approximately ₹2,138.5 crore, showcasing strong cash generation capabilities.

With strong financial performance and a positive outlook for sustained demand, SKF India Limited appears favorably positioned for growth. Investors are advised to consider maintaining their positions given the company's efficiency and resilience in a competitive market.