SKF India net sales grow
SKF India net sales for the year ended March 31, 2016 amounted to Rs 29,555.6 million as compared to Rs 23,726.4 million in the previous year. The profit after tax for the period amounted to Rs 2,571.5 million compared to Rs 2,027.7 million during the previous year. The company has changed its accounting year from calendar year to fiscal year April to March. The current accounting period of the company covered 15 months starting from 1 January 2015 to 31 March 2016.