Timken India Limited Reports Earnings Results for the First Quarter Ended June 30, 2023

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Jun 18, 2023

Timken India Limited Reports Earnings Results for the First Quarter Ended June 30, 2023

Timken India Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 7,175.82 million compared to INR 6,992.43 million a

Timken India Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 7,175.82 million compared to INR 6,992.43 million a year ago. Revenue was INR 7,269.29 million compared to INR 7,098.25 million a year ago.

Net income was INR 901.37 million compared to INR 1,180.53 million a year ago. Basic earnings per share from continuing operations was INR 11.98 compared to INR 15.7 a year ago. Diluted earnings per share from continuing operations was INR 11.98 compared to INR 15.7 a year ago.