ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

SKF BEARINGS INDIA-Higher Dividend

EPW Research Foundation SKF BEARINGS is a leading producer of ball and roller bearings which find applications in the automobile and electrical industries. The company in 1992-93 had experienced decline in margins. For 1993- 94, net sales of the company went up by 8 per cent, operating profit fell by 5 per cent, while net profit went up by 30 per cent. Other income went up by 35 percent, depreciation fell by 6 per cent and interest charges by 7 per cent. Taxation was up by Rs 14 lakh while non-operating profit fell by 15 per cent for the year. A dividend of 15 per cent was declared against 10 per cent in the previous year. Exports were up

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top