SKF India Reports Q1 FY 2026-27 Results, Driven by Demand Across Automotive Segments
SKF India Limited, a provider of bearing solutions for the automotive industry, announced its financial results for the first quarter ended June 30, 2026 (Q1 FY 2026-27). The company reported significant growth in revenue, underpinned by demand across both domestic and export markets.For the quarter, SKF India recorded Revenue from Operations of INR 5,877.9 Million, marking a 27.1% increase year-on-year (YoY). EBITDA stood at INR 1,003.9 Million. Profit Before Tax (PBT) was reported at INR 837.8 Million, compared to INR 631.5 Million in the same quarter of the previous year.
This sales momentum was attributed to broad-based demand within key automotive segments, including two and three-wheelers, passenger vehicles, and commercial vehicles. The company stated that its operational discipline, technology-led offerings, and strong market presence supported robust profitability during the period.
Q1 FY 2026-27 Financial Highlights (Standalone)
Financial performance indicators for the quarter are summarized below:| Metric | Value | Year-on-Year Growth |
|---|---|---|
| Revenue from Operations | INR 5,877.9 Million | 27.1% |
| EBITDA | INR 1,003.9 Million | 0.1% |
| Profit Before Tax (PBT) | INR 837.8 Million | 0.6% |
| Profit After Tax from continued operations | INR 618.4 Million | 0.4% |
Management Commentary and Strategic Focus
Shailesh Kumar Sharma, Managing Director of SKF India Limited, commented on the performance, stating that the company began FY27 on a resilient note. He credited this strength to the business portfolio, customer-centric approach, and disciplined execution. Sharma emphasized that despite an evolving operating environment, the focus remains on delivering sustainable and profitable growth by leveraging technology leadership, local manufacturing capabilities, and strong customer partnerships.Mayank Holani, Chief Financial Officer (CFO) of SKF India Limited, added that the company is committed to strengthening operational efficiency and improving cost competitiveness while maintaining a disciplined approach to profitability, aiming to drive long-term value for stakeholders.
SKF India continued its focus on delivering value through customer-centric innovation and technology-led solutions for the automotive segment. The results follow SKF India’s recent corporate restructuring into two independently focused entities, enabling sharper strategic focus and stronger alignment with customer and market requirements.
The company noted that exceptional items included non-recurring expenses pertaining to demerger and new regulations.
SKFINDIA Stock Price Movement
Today, SKF India Limited shares rallied by 4.44%, gaining ₹67.80 in the post-market session and closing at ₹1595.40. The stock traded strongly, with over 1.19 million shares recorded during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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