scorecardresearchTimken India hits all-time high; up 300% in 3 years

Timken India hits all-time high; up 300% in 3 years

Updated: 20 Jul 2022, 01:25 PM IST
TL;DR.
Timken's net profit surged 128.87 per cent YoY to 121.30 crore, which is one of the highest in the industry, Trendlyne data showed. The company delivered an ROE of 19.74% in the year ending March 31, 2022, outperforming its five-year average of 14.46%.
Timken India is primarily into the manufacture and distribution of tapered roller bearings, components and accessories for the automotive sector and the railway industry.

Timken India is primarily into the manufacture and distribution of tapered roller bearings, components and accessories for the automotive sector and the railway industry.