SKF Bearings India Ltd posted a net profit of Rs 70.70 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 4.20 million for the quarter ended December 31, 2001. Total income has increased from Rs 1000.80 million in Q4-01 to Rs 1164.60 million in Q4-02.
The company has posted a net of Rs 204.20 million for the year ended December 31, 2002 as compared to a net profit of Rs 89.70 million for the year ended December 31, 2001. Total income has increased from Rs 3721.00 million in FY-01 to Rs 4198.50 million in FY-02.
The company recommended 20% dividend for the year.
BSE code: 500472
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