Stock Analysis

NRB Industrial Bearings Full Year 2024 Earnings: ₹10.73 loss per share (vs ₹5.32 loss in FY 2023)

NSEI:NIBL
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NRB Industrial Bearings (NSE:NIBL) Full Year 2024 Results

Key Financial Results

  • Revenue: ₹749.5m (down 7.2% from FY 2023).
  • Net loss: ₹260.0m (loss widened by 102% from FY 2023).
  • ₹10.73 loss per share (further deteriorated from ₹5.32 loss in FY 2023).
earnings-and-revenue-history
NSEI:NIBL Earnings and Revenue History May 24th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

NRB Industrial Bearings shares are down 4.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for NRB Industrial Bearings (2 are potentially serious) you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if NRB Industrial Bearings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.