Timken India’s board has approved the Q3 2026 financial results, reporting revenue from operations of ₹7,796.69 million and a net profit after tax of ₹545.56 million. The board also appointed Mr. Michael Discenza as a Non-Executive Director, effective April 15, 2026, pending shareholder approval. The company acquired Timken GGB Technology Private Limited in Q3.
Q3 2026 Financial Performance
Timken India announced its unaudited standalone financial results for Q3 2026. Key highlights include:
- Revenue from operations: ₹7,796.69 million
- Total Income: ₹7,868.22 million
- Profit before tax: ₹782.44 million
- Net Profit after tax: ₹545.56 million
The company’s year-to-date (YTD) performance shows a net profit after tax of ₹2,565.82 million. Earnings per share for the quarter stood at ₹7.25.
Director Appointment
The Board has approved the appointment of Mr. Michael Discenza as a Non-Executive Director, liable to retire by rotation, effective April 15, 2026, subject to member approval. Mr. Discenza is the Vice President, chief – financial officer and an officer of The Timken Company.
Acquisition of Timken GGB Technology Private Limited
During Q3, Timken India completed the acquisition of 100% equity shares of Timken GGB Technology Private Limited for a consideration of ₹1,288 Million. This entity is now a wholly-owned subsidiary. The acquisition was completed on December 1, 2025.
Source: BSE