Timken India Limited has announced its financial results for the quarter and year ended March 31, 2026. The Board has recommended a dividend of Rs. 2.50 per share. Additionally, the company is moving forward with the amalgamation of its wholly owned subsidiary, Timken GGB Technology Private Limited, to simplify its management structure and enhance operational efficiency.
Financial Performance Overview
For the fiscal year ended March 31, 2026, Timken India Limited reported strong financial results. The company achieved an annual revenue from operations of Rs. 34,193.16 million, with a net profit after tax of Rs. 3,983.33 million. For the final quarter (Q4), revenue from operations reached Rs. 10,731.35 million, highlighting a robust operational performance for the year.
Dividend Declaration
Reflecting on the company’s performance, the Board of Directors has recommended a dividend payment of Rs. 2.50 per equity share (face value of Rs. 10 each) for the year ended March 31, 2026. This dividend is subject to the approval of shareholders at the company’s upcoming Annual General Meeting.
Strategic Amalgamation
The company has announced plans to amalgamate its wholly owned subsidiary, Timken GGB Technology Private Limited, into Timken India Limited. This move is designed to simplify the corporate structure, reduce administrative duplication, and optimize the use of shared resources, including finance, legal, and human resources. The merger is expected to strengthen the company’s financial position and provide better clarity for stakeholders.
Management Appointments
Timken India has also strengthened its leadership team by appointing two new Senior Management Personnel: Mr. Gajanan Bidkar, General Manager – India SCM & Global Sourcing, and Mr. Himanshu Kumar Mishra, General Manager – Plant Operations, Jamshedpur. Both leaders bring extensive technical and operational experience to their new roles within the company.
Source: BSE
