2303.9000 -176.65 (-7.12%)
NSE Apr 07, 2025 15:31 PM
Volume: 178.1K
 

2303.90
-7.12%
Karvy
Mixed results for Q2FY17, growth story intact: Timken has registered slightly lower sales by -1.1% sequentially & 7.3% YoY growth for Q2FY17 owing to hard market dynamics. EBITDA & EBIT margins have contracted by 30 bps each QoQ mainly on account of rise in other expenses. However, Net profit margin has expanded by 70 bps sequentially to 10.1% on account of lower tax expenses in Q2FY17. H1FY17 performance has been impressive till now with 7.9%, 19.6% & 14.6% growth in revenue, EBITDA & PAT respectively YoY, along with an EBITDA margin expansion of 160 bps & 170 bps expansion in PAT margin.
Timken India Ltd. has lost -16.24% in the last 1 Week
More from Timken India Ltd.
Recommended