Timken India shares rose over 5% in early trade following the company’s Q4 financial results. As of 9:43 AM, the shares were trading 5.14% higher at Rs 3,100.00.
The company reported a 32% year-on-year increase in net profit, reaching Rs 186.8 crore compared to Rs 141.4 crore in the same quarter last year. Revenue for the quarter grew by 4.7%, totaling Rs 939.8 crore against Rs 897.8 crore in the previous year.
EBITDA also saw a rise of 5.6%, coming in at Rs 209.7 crore compared to Rs 198.7 crore. The EBITDA margin improved slightly to 22.3% from 22.1% year-on-year. These results indicate steady growth for Timken India in the latest quarter, reflecting positive momentum in its operations.
At the time of writing, Timken India shares opened at ₹3,105.00, reaching a high of ₹3,130.00 and dipping to a low of ₹3,005.00 during the trading session. The stock’s 52-week high stands at ₹4,817.90, while the 52-week low is ₹2,202.00.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
