SKF India Limited announced its financial results for the first quarter ended June 30, 2026 (Q1 FY 2026-27), reporting a significant 27.1% year-on-year growth in revenue from operations to INR 5,877.9 Million. The company also saw its EBITDA rise to INR 1,003.9 Million, demonstrating strong operational performance. This growth is attributed to broad-based demand across key automotive segments and continued momentum in the Indian automotive sector.
SKF India Reports Strong Q1 FY27 Financial Performance
SKF India Limited has announced its financial results for the first quarter of the fiscal year 2026-27, which ended on June 30, 2026. The company reported a robust 27.1% year-on-year growth in its Revenue from Operations, reaching INR 5,877.9 Million.
Key Financial Highlights
The company’s financial performance for Q1 FY 2026-27 showcases healthy growth across key metrics:
- Revenue from Operations: INR 5,877.9 Million, reflecting a 27.1% growth year-on-year.
- EBITDA: INR 1,003.9 Million, marking a 0.1% growth year-on-year.
- Profit Before Tax (PBT): INR 837.8 Million, an increase of 0.6% year-on-year.
- Profit After Tax (PAT) from continued operations: INR 618.4 Million, reflecting a 0.4% growth year-on-year.
Drivers of Growth
The substantial sales growth was primarily driven by demand across key automotive segments, including two and three-wheelers, passenger vehicles, and commercial vehicles. This demand was observed in both domestic and export markets. The company attributed its good profitability to operational discipline, technology-led offerings, and a strong market presence. The ongoing momentum in the Indian automotive sector, fueled by evolving customer requirements for higher efficiency, reliability, and performance, also contributed significantly to this performance.
Management Commentary
Shailesh Kumar Sharma, Managing Director of SKF India Limited, commented, “We have started FY27 on a resilient note, reflecting the strength of our business portfolio, customer-centric approach and disciplined execution. While the operating environment continues to evolve, we remain focused on delivering sustainable and profitable growth by leveraging our technology leadership, local manufacturing capabilities and strong customer partnerships.”
Mayank Holani, Chief Financial Officer of SKF India Limited, added, “We remain focused on strengthening operational efficiency and improving cost competitiveness while maintaining a disciplined approach to profitability. Our continued focus on these priorities will help us drive sustainable performance and create long-term value for our stakeholders.”
Strategic Focus and Restructuring
During the quarter, SKF India continued its focus on delivering value through customer-centric innovation, operational excellence, and technology-led solutions for its automotive segment. The company remains committed to enhancing manufacturing efficiencies, expanding its solution offerings, and supporting customers with sustainable technologies. This financial performance follows SKF India’s recent corporate restructuring, which has resulted in two independently focused entities, aiming for sharper strategic focus and stronger alignment with customer and market requirements.
Source: BSE
