Net profit of Timken India declined 21.63% to Rs 18.01 crore in the quarter ended March 2012 as against Rs 22.98 crore during the previous quarter ended March 2011. Sales rose 3.50% to Rs 170.99 crore in the quarter ended March 2012 as against Rs 165.21 crore during the previous quarter ended March 2011.
For the audited full year, net profit reported to Rs 80.66 crore in the year ended March 2012. Sales reported to Rs 821.47 crore in the year ended March 2012. The company has extended its year end by 3 months and the value given for the current full year ended March 2012 is for the period of 15 months. Hence, the full year is not comparable.
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