SKF India Reports Q1 FY2026-27 Results; Revenue Rises 18.3% on Strong Sector Demand
Pune: SKF India (Industrial) Limited, a leading provider of bearings and solutions in technology and condition monitoring, announced its financial results for the quarter ended June 30, 2026. The company reported revenue from operations of Rs. 9,707.7 million, while profit before tax stood at Rs. 869.2 million.The results showcased steady execution during a dynamic business period, supported by continued demand traction across Wind energy, General machinery, and Agriculture sectors.
Financial Highlights for Q1 FY2026-27
SKF India reported varied performance across key metrics when compared to the previous year and preceding quarters.| 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 |
Management Commentary and Strategy
Mukund Vasudevan, MD of SKF India (Industrial) Limited and President for India, Southeast Asia and Middle East, commented that the company begins FY 2026-27 from a position of strength.He noted that in its third quarter as a focused, independent business, SKF India achieved 18.3% year-on-year sales growth while maintaining a healthy 9% PBT, despite headwinds stemming from currency and demerger related expenses. The growth was strong across Wind, General Machinery, and Agriculture (Tractors).
The management attributed this performance to maintaining strong operational discipline and staying genuinely close to customers. Vasudevan stated that the company's results validate its three-pronged strategy: customer centricity, localization, and innovation. "At the core of everything we do is a simple goal: help our customers achieve more, with less friction," he added.
Looking forward, SKF India continues to evolve its approach in response to India’s developing industrial and economic landscape. The company emphasizes sustainable practices, manufacturing precision, and smarter, digitally enabled operations to remain aligned with the changing needs of industries across India and Southeast Asia.
About SKF
Since 1907, SKF has focused on innovative bearings, seals, lubrication systems, condition monitoring solutions, and services designed to reduce friction. The company aims to make industry smarter, more competitive, and more energy efficient by reducing friction, thus building a sustainable future. SKF is represented in approximately 130 countries and operates with around 17,000 distributor locations globally. Annual sales for the group in 2025 were SEK 91,583 million, with 37,271 employees.SKFINDUS Stock Price Movement
SKF India (Industrial) shares shed 3.85% on Wednesday, settling at ₹2722.40 amid a challenging session for the industrial goods maker. The stock saw brisk activity in trading, recording a volume of 80,353 shares 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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