Are SKF India latest results good or bad?

SKF India has reported its financial results for the quarter ending March 2025, showcasing notable growth in several key metrics. The Profit Before Tax (PBT), excluding other income, reached Rs 263.15 crore, reflecting a significant increase compared to the average PBT from the previous four quarters. Similarly, the Profit After Tax (PAT) rose to Rs 203.28 crore, indicating a robust performance relative to prior periods.
The operating profit also demonstrated a positive trend, recorded at Rs 284.54 crore, marking the highest level in the last five quarters. This is further supported by an improvement in the operating profit margin, which reached 23.45%, the highest in the same timeframe, suggesting enhanced operational efficiency.

However, it is worth noting that the net sales for the quarter showed a decline of 3.40% compared to the previous quarter, which contrasts with the strong growth in profitability metrics. The consolidated net profit exhibited a substantial increase of 85.64% compared to the prior quarter, highlighting a strong recovery in profitability.

Overall, SKF India's financial results indicate a robust performance in terms of profitability, despite the decline in net sales. The company saw an adjustment in its evaluation, reflecting these operational trends.