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SKF India Limited ( (IN:SKFINDIA) ) has issued an update.
SKF India Limited announced its financial results for the second quarter of FY2025-26, reporting a consolidated revenue of Rs. 13,090.6 million and a Profit Before Tax of Rs. 1,406.2 million, reflecting a 5.2% growth year-over-year. The company has undergone a strategic demerger, creating two focused entities: SKF Industrial and SKF Automotive. This restructuring aims to enhance operational efficiency and growth, with SKF Industrial targeting sectors like manufacturing and renewables, and SKF Automotive focusing on India’s mobility transformation. The demerger is expected to unlock greater value for stakeholders and align with India’s industrial growth ambitions.
More about SKF India Limited
SKF India Limited is a leading technology and solutions provider in India, specializing in bearings and units, condition monitoring, and services. The company focuses on the automotive and industrial sectors, providing solutions that enhance reliability and performance across various industries.
Average Trading Volume: 3,377
Technical Sentiment Signal: Sell
Current Market Cap: 101.3B INR
See more data about SKFINDIA stock on TipRanks’ Stock Analysis page.