SKF India has announced the unaudited financial results for the third quarter ended September 30, 2012. Sales for the nine-month period ending September 30, 2012 stood at Rs 16,908 million while profits for the same period stood at Rs 1579 million.Net sales for the third quarter amounted to Rs 5,337 million registering a decline of 11 percent over the corresponding quarter of the previous year. The profit after tax for the quarter amounted to Rs 453 million showing a decline of 19 percent over the corresponding quarter of the previous year. Shishir Joshipura, Managing Director, SKF India, said, ?While the prevailing macro economic environment continues to pose challenges for growth, across the entire spectrum of industry, we have focussed on working closely with our customers, and also to improve our internal processes, to align these to the external macro environment onditions.?