SKF India's Q2 FY 2025-26 Quarterly Results

Result Summary

• SKF India Ltd reported a 2.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.1%.
• Its expenses for the quarter were up by 2.5% QoQ and 2.3% YoY.
• The net profit decreased 10.8% QoQ and increased 12.0% YoY.
• The earnings per share (EPS) of SKF India Ltd stood at 21.3 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

SKF India Ltd is a leading company in the engineering and manufacturing sector, primarily known for its production of bearings, seals, mechatronics, lubrication systems, and services that include technical support, maintenance, and reliability services. It operates within the industrial and automotive markets, providing solutions that enhance the performance of machinery and reduce operational costs. SKF India Ltd is a part of the global SKF Group, which is headquartered in Gothenburg, Sweden. The company has a strong presence in India with manufacturing facilities and a wide network of distributors and dealers. Recent developments regarding the company are not available in the provided data.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), SKF India Ltd reported a total income of ₹1,332.91 crores, reflecting a quarter-over-quarter (QoQ) increase of 2.7% from ₹1,298.27 crores in Q1FY26. Compared to the same quarter in the previous fiscal year (Q2FY25), where the total income was ₹1,267.70 crores, there is a year-over-year (YoY) growth of 5.1%. This rise in total income indicates sustained revenue growth over the past year, with both quarterly and yearly improvements.

Profitability

The company's profit before tax (PBT) for Q2FY26 stood at ₹140.71 crores, experiencing a decline of 11.9% from ₹159.75 crores in the previous quarter (Q1FY26). However, there was an increase of 10.8% YoY from ₹127.03 crores in Q2FY25. Following tax expenses, SKF India Ltd's profit after tax (PAT) was ₹105.49 crores in Q2FY26, showing a decrease of 10.8% QoQ from ₹118.21 crores in Q1FY26. Nevertheless, there was a 12.0% increase YoY from the ₹94.19 crores reported in Q2FY25. The earnings per share (EPS) for Q2FY26 was ₹21.30, down by 10.9% from ₹23.90 in Q1FY26, yet up by 11.8% from ₹19.05 in Q2FY25.

Operating Metrics

In Q2FY26, SKF India Ltd had total expenses amounting to ₹1,166.46 crores, which represents a 2.5% increase QoQ from ₹1,138.52 crores in Q1FY26 and a 2.3% increase YoY from ₹1,140.67 crores in Q2FY25. The company's tax expenses for the quarter were ₹35.13 crores, marking a decrease of 15.6% from ₹41.63 crores in the previous quarter. Compared to the same period last year, tax expenses increased by 7.5% from ₹32.69 crores. These figures indicate a consistent pattern in operational expenditures and tax liabilities, highlighting the company’s approach to managing its cost structure and tax strategies.