Timken India has announced robust financial results for the second quarter of FY27, ending September 30, 2026. Revenue from operations surged by 25.4% year-on-year to INR 969 crore. Profit Before Tax (PBT) increased by nearly 29.5% to INR 156 crore, with PBT margins improving to 16.1%. Net profit after tax grew by an impressive 29.7% to INR 116 crore.
Timken India Announces Strong Q2 FY27 Financial Performance
Timken India Limited has reported a significant increase in its financial performance for the second quarter of the fiscal year 2027 (Q2 FY27), which concluded on September 30, 2026. The company showcased strong revenue growth and improved profitability, reflecting healthy demand across its key markets.
Key Financial Highlights (Standalone)
- Revenue from Operations: Stood at INR 969 crore, marking a substantial growth of 25.4% compared to the corresponding quarter in the previous year (Q2 FY26). This also represents a growth of 4.3% over the first quarter (Q1 FY27).
- Profit Before Tax (PBT): Increased to INR 156 crore, up from INR 120 crore in Q2 FY26, a growth of approximately 29.5%. The PBT margin improved to 16.1%, a 50 basis point increase from the previous year.
- Net Profit After Tax (PAT): Grew by 29.7% to INR 116 crore, compared to INR 89 crore in Q2 FY26.
- EBITDA Margin: The company reported an EBITDA margin of approximately 19.2% for the quarter.
Half-Year Performance (Standalone)
For the first half of FY27, Timken India’s standalone revenue from operations reached INR 18,984 million (INR 1,898.4 crore), an increase of nearly 20% year-on-year. Profit before tax for the half-year was approximately INR 306 crore, while profit after tax stood at INR 231 crore, showing a 19% increase.
Consolidated Financials
On a consolidated basis, revenue for Q2 FY27 was INR 986 crore, up from INR 786 crore in Q2 FY26. Consolidated PBT was INR 162 crore, and consolidated net profit after tax was INR 120 crore, an increase of approximately 29% year-on-year. For the first half of FY27, consolidated revenues were INR 1,929 crore, with a consolidated net profit after tax of INR 240 crore.
Operational Updates and Outlook
The company highlighted progress in its new Bharuch facility, with a focus on improving utilization. Investments in rail expansion at Jamshedpur and plain bearing at Bharuch are on target. The amalgamation of Timken GGB Technology Private Limited with Timken India Limited is progressing smoothly. While acknowledging cost pressures such as rising fuel and gas prices, the company expressed confidence in its execution and demand momentum, particularly in domestic markets. Management indicated that cost increases are being passed on to customers, with a slight unfavorable mix impacting margins in the short term.
Source: BSE
