NRB Bearing Limited — Important, 16-06-2025: Updates
16-06-2025 | 10:13 pm
16-06-2025 | 10:13 pm
NRB Bearing has announced a board meeting on the financial results for the quarter and half-year. The company is investing ₹200 Cr in capacity expansion to support growth, including European OEM programs for BMW, Stellantis, and Volvo. Consolidated revenue rose over 12%, with EBITDA margin recovering to 18.4% after overcoming a major fire disruption. Promoter share pledge is fully released, indicating improved financial strength. With a presence in 43 countries and 25% revenue from international markets, strong demand continues in trucks, defense, EV, agriculture, and off-highway sectors. Working capital and cost controls are being enhanced.
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