SKF India

SKF India reports a 47.6% year-over-year drop in Q1 net profit, declining to Rs 61.9 crore for the quarter ending June 30, 2026. This follows a prior quarterly profit of Rs 118.2 crore in the same period last year. The company’s consolidated earnings reflect a significant reduction in profitability.

Aug 2026ET AutoNews article

SKF India reports a **12% YoY increase in net profit to Rs 105 crore** in Q2 FY26, up from Rs 94 crore in the same period last year. The company’s consolidated profit after tax reflects continued financial growth in its operations. SKF specializes in bearings, seals, and lubrication solutions for industries like automotive, industrial machinery, and energy.

Nov 2025ET AutoNews article

SKF India plans to invest up to ₹1,460 crore by 2030 in capacity expansion and new facilities for its automotive and industrial businesses. The company recently completed a demerger to form two specialized entities. Investments will support growth in key sectors, including infrastructure upgrades and facility development.

Oct 2025ET AutoNews article

SKF India executes a demerger to separate its business units, aiming to enhance operational efficiency and focus on specialized operations. The restructuring targets improved agility and value creation through clearer strategic alignment. The move reflects a broader trend among industrial conglomerates to streamline operations.

Apr 2025Puneeth B M (Substack)News article