NRB Bearings Q4 2012-13 net profit down 22.4% y/y to USD1.9m

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Financial results

Full-year sales increased 5.3% y/y to USD106.2m

NRB Bearings has reported a 22.4% year-over-year (y/y) decline in net profit to INR101.4m (USD1.9m, 31 March 2013) in the fourth quarter ended 31 March 2013 compared with INR130.6m (USD2.5m, 31 March 2012) during the same period a year ago, the company said in a regulatory filing.

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