SKF Q4 net up 26.69%; FY07 net at 57.62%

New Delhi, Feb 20 (UNI) Leading manufacturer of bearings SKF India Ltd today said it has posted a net profit of 26.69 per cent to Rs 40.2 crore for the quarter ended December 31, 2007 as compared to Rs 31.73 crore for same period a year ago.

Total income has also increased 11.33 per cent to Rs 424.93 crore for Q4 FY07 as against Rs 381.66 crore for the same quarter a year ago.

The company's net profit stood at Rs 160.71 crore for the year ended December 31, 2007 as compared to Rs 101.96 crore a year ago, a hike of 57.62 per cent.

Total income has increased also increased 16.88 per cent to Rs 1,578.97 crore FY07 as against Rs 1,350.83 crore a year ago.

UNI SR PDT DB2124