Profit before tax rose marginally to Rs 95.20 crore in Q3 FY23 as against Rs 95 crore reported in Q3 FY22.

Total expense increased 26.52% to Rs 528.6 crore. Cost of material consumed rose 11.25% to Rs 215.6 crore while employee benefits expenses rose 21.16% to Rs 41.8 crore.

Timken India offers friction management solutions that maximize performance, fuel-efficiency and equipment life. It makes engineered bearings and allied goods & services.