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FAG Bearings India net surges 90.08% for Sep 2010 Qtr FAG Bearings India reported a phenomenal rise in standalone net profit for the quarter ended September 2010. During the quarter, the profit of the company rose 90.08% to Rs 314.40 million ($ 6.98M) from Rs 165.40 million ($ 3.68M) in the same quarter previous year.
Net sales for the quarter for the quarter rose 33.59% to
Rs 2,723.90 million ($ 60.5M), while total income for the quarter rose 34.50%
to Rs 2,767.30 million ($ 61.48M), when compared with the prior year period. It reported earnings of Rs 18.92 a share during the quarter, registering 90.15% growth over prior year period. |
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