NRB Bearings Ltd: Chairman & MD Speeches for 61st AGM Filed

NRB Bearings Ltd has submitted the Chairman's speech and a revised Managing Director's speech for its 61st Annual General Meeting (AGM) scheduled for July 29, 2026. The Chairman's speech highlights the company's strong performance amidst global economic uncertainties, driven by India's economic resilience and the robust Indian automobile industry. The company achieved consolidated revenue exceeding ₹1,300 crore and a remarkable 77% increase in Consolidated Profit After Tax. On a standalone basis, Profit After Tax more than doubled. The company attributes its success to operational excellence, customer-centricity, technological focus, and strategic investments. The outlook remains positive, with government support and industry trends like electric mobility and automation expected to drive future growth. The revised MD speech was necessitated by a minor typographical error in the previously filed version.