NRB Bearings (NRBBEARING) Q3 24/25 earnings summary

Executive summary

• Standalone revenue from operations for Q3 FY25 was ₹25,708 lakhs, with total income at ₹26,437 lakhs; consolidated revenue was ₹27,852 lakhs, with total income at ₹28,478 lakhs.

• Standalone profit after tax for Q3 FY25 was ₹1,821 lakhs; consolidated profit after tax was ₹2,210 lakhs.

• Exceptional items in Q3 FY25 included a loss of ₹427 lakhs, mainly due to reversal of input tax credit related to fire and brokerage expenses.

• Board approved unaudited financial results and ratified an inter-company agreement with NRB Industrial Bearings Limited.

Financial highlights

• Standalone revenue from operations for the nine months ended Dec 2024 was ₹78,258 lakhs; consolidated revenue was ₹86,932 lakhs.

• Standalone profit after tax for the nine months was ₹6,379 lakhs; consolidated profit after tax was ₹8,366 lakhs.

• Basic and diluted EPS for Q3 FY25: standalone ₹1.88, consolidated ₹2.20.

• Interim dividend of ₹2.50 per share (125% of face value) declared and paid in October 2024.

Outlook and guidance

• Management expects no material impact from delayed foreign currency receivables/payables; exposure to penalties is not expected to be significant.

• Realignment of promoter group shares is not expected to affect financial results.