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SKF India (Industrial) Limited announces financial results for Q1 FY2026-27



2026-08-12 06:12:57 Business

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Pune, August 12, 2026: SKF India (Industrial) Limited (NSE: SKFINDUS | BSE: 544572), India’s leading technology and solutions provider of bearings and units, condition monitoring, and services, today announced its financial results for the quarter ended June 30, 2026.

During this quarter, SKF India (Industrial) Limited reported revenue from operations of Rs. 9,707.7 million with profit before tax at Rs. 869.2 million, showcasing the company’s steady execution and resilience in a dynamic business environment.

Mukund Vasudevan, MD, SKF India (Industrial) Limited and President – India, Southeast Asia and Middle East, said, “FY 2026-27 begins from a position of strength. In our 3rd quarter as a focused, independent business, SKF India (Industrial) delivered 18.3% year-on-year Sales growth, while maintaining a healthy 9% PBT (in spite of headwinds from currency and demerger-related expenses). Growth was strong across most sectors including Wind, General Machinery and Agriculture (Tractors). We attribute this performance to staying genuinely close to our customers and maintaining a strong operational discipline.

India’s manufacturing and infrastructure sectors are still expanding and our performance is validation of our three-prongedstrategy - customer centricity, localization and innovation. At the core of everything we do is a simple goal: help our customers achieve more, with less friction.”

STRATEGIC OUTLOOK

As India’s industrial and economic landscape evolves, so does the company’s approach, with a growing emphasis on sustainable practices, manufacturing precision, and smarter, digitally-enabled operations. This shift is helping the company stay closely aligned with the needs of industries across India and Southeast Asia as they navigate their own periods of rapid change.

About SKF

Since 1907, SKF has been making some of the world’s most innovative bearings, seals, lubrication systems, condition monitoring solutions, and services to reduce friction. Less friction means more energy saved and by reducing it, we make industry smarter, more competitive, and more energy efficient, building a more sustainable future where we can all do more with less. SKF is represented in approximately 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2025 were SEK 91,583 million and the number of employees was 37,271.

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