EPW Research Foundation SKF BEARINGS is a leading producer of ball and roller bearings which find applications in the automobile and electrical industries. The company in 1992-93 had experienced decline in margins. For 1993- 94, net sales of the company went up by 8 per cent, operating profit fell by 5 per cent, while net profit went up by 30 per cent. Other income went up by 35 percent, depreciation fell by 6 per cent and interest charges by 7 per cent. Taxation was up by Rs 14 lakh while non-operating profit fell by 15 per cent for the year. A dividend of 15 per cent was declared against 10 per cent in the previous year. Exports were up