StockWatch
·
Abrasives & Bearings
Quarterly Result12 Aug 2026, 04:43 pm

SKF India Q1 FY27 Revenue Up 18.3% to ₹9,707.7 Mn

AI Summary

SKF India (Industrial) Limited announced its unaudited financial results for the first quarter ended June 30, 2026. Revenue from operations grew by 18.3% year-on-year to ₹9,707.7 million from ₹8,206.3 million in the corresponding quarter of the previous year. Profit before tax (PBT) stood at ₹869.2 million, a decrease of 10.5% compared to ₹970.9 million in Q1 FY26. The company cited continued demand traction across Wind, General Machinery, and Agriculture sectors. Management highlighted steady execution and resilience, attributing growth to customer centricity, localization, and innovation, despite headwinds from currency and demerger-related expenses.

Key Highlights

  • Revenue from operations increased 18.3% YoY to ₹9,707.7 million.
  • Profit before tax decreased 10.5% YoY to ₹869.2 million.
  • PBT margin declined to 9.0% from 11.8% YoY.
  • Strong demand observed in Wind, General Machinery, and Agriculture sectors.
  • Company emphasizes customer centricity, localization, and innovation.