12, Aug 2026
SKF India Limited announces financial results for Q1 FY2026-27
Pune, Aug 12: SKF India Limited , India’s technology and solutions provider of bearings and units, condition monitoring, and services, announced its financial results for the quarter ended June 30, 2026.
During this quarter, SKF India Limited reported revenue from operations of Rs. 9,707.7 million with profit before tax at Rs. 869.2 million, showcasing the company’s steady execution and resilience in a dynamic business environment.
FINANCIAL HIGHLIGHTS (Q1 FY 26-27)
|
Particulars (Rs. mn) |
Q1 FY27 |
Q1 FY26 |
YoY % |
Q4 FY26 |
QoQ % |
|
Revenue from Operations |
9,707.7 |
8,206.3 |
18.3% |
9,457.2 |
2.6% |
|
Profit before Tax |
869.2 |
970.9 |
-10.5% |
899.7 |
-3.4% |
|
PBT Margin (%) |
9.0% |
11.8% |
-288 bps |
9.5% |
-56 bps |
|
Profit after Tax |
619.2 |
718.6 |
-13.8% |
1,189.6 |
-47.9% |
|
PAT Margin (%) |
6.4% |
8.8% |
-238 bps |
12.6% |
-620 bps |
Mukund Vasudevan, MD, SKF India (Industrial) Limited and President – India, Southeast Asia and Middle East, said,
“FY 2026-27 begins from a position of strength. In our 3rd quarter as a focused, independent business, SKF India (Industrial) delivered 18.3% year-on-year Sales growth, while maintaining a healthy 9% PBT (in spite of headwinds from currency and demerger-related expenses). Growth was strong across most sectors including Wind, General Machinery and Agriculture (Tractors). We attribute this performance to staying genuinely close to our customers and maintaining a strong operational discipline.
India’s manufacturing and infrastructure sectors are still expanding and our performance is validation of our three-prongedstrategy – customer centricity, localization and innovation. At the core of everything we do is a simple goal: help our customers achieve more, with less friction.”
STRATEGIC OUTLOOK
As India’s industrial and economic landscape evolves, so does the company’s approach, with a growing emphasis on sustainable practices, manufacturing precision, and smarter, digitally-enabled operations. This shift is helping the company stay closely aligned with the needs of industries across India and Southeast Asia as they navigate their own periods of rapid change.
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- By Neel Achary