NRB Bearing Limited — Important, 07-11-2024: Financial Result Updates

NRB Bearings Limited reported its unaudited financial results for Q2 FY2024, showing a total income of ₹31,189 lakhs, up from ₹28,407 lakhs year-over-year. Profit after tax increased to ₹3,594 lakhs compared to ₹2,463 lakhs in Q2 FY2023. The company noted delays in foreign currency trade receivables and payables but expects any penalties to be non-material. An interim dividend of ₹2.50 per share was also declared, payable on October 25, 2024.