SKF India Reports Strong Revenue Growth in Q4 and FY26

manufacturing-news

SKF India Limited has announced its financial results for the fourth quarter and financial year ended March 31, 2026, reporting strong revenue growth supported by broad-based demand across key automotive segments and continued operational execution. The company reported standalone revenue from operations of ₹5,945.4 million during the fourth quarter of FY26, registering growth of 20.7 percent compared to the corresponding quarter of the previous financial year.

Profit before exceptional items and tax stood at ₹533.8 million for the quarter, while Profit Before Tax was reported at ₹461 million. For the full financial year FY26, SKF India Limited recorded standalone revenue of ₹21,295.9 million, reflecting year-on-year growth of 15.4 percent. Profit Before Tax for the year stood at ₹2,350 million.

The company stated that growth during the quarter was supported by strong demand across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicle segments. Increasing customer focus on efficiency, reliability, and high-performance engineering solutions also contributed to business momentum.

Commenting on the performance, Shailesh Kumar Sharma, Managing Director of SKF India Limited, said the company’s growth was driven by sustained demand across automotive sectors and disciplined execution throughout the value chain. He noted that the company successfully navigated a dynamic market environment while strengthening manufacturing, supply chain, and digital capabilities.

He further stated that the company has continued working closely with customers through its sales and application engineering teams to deliver application-focused solutions tailored to evolving market requirements. According to him, SKF India remains focused on scaling its independent business through technology-led innovation, localisation initiatives, and capacity expansion programmes.

The company also reiterated its commitment toward sustainability and responsible operations. SKF India stated that it continues to advance its energy-efficiency initiatives and long-term net-zero commitments while enabling customers to improve operational efficiency and reduce energy consumption through advanced bearing and engineering technologies.

Over the past year, SKF India Limited has strengthened its position as a technology and engineering partner for the automotive industry through precision manufacturing and application-driven innovation. The company operates advanced manufacturing facilities at Haridwar, Pune, and Bengaluru, supporting a wide range of automotive and industrial applications.

The company’s engineering solutions are focused on improving durability, operational reliability, and energy optimisation across multiple automotive systems, aligned with changing industry requirements and the increasing shift toward sustainable mobility solutions.

The financial results also follow the company’s recent corporate restructuring exercise, which resulted in the formation of two independently focused entities. According to the company, the restructuring is expected to provide sharper strategic focus, improved agility, and stronger alignment with customer and market needs.

Exceptional items during the reported period included non-recurring expenses related to the demerger process and compliance with new regulatory requirements. Globally, SKF remains one of the leading providers of bearings, seals, lubrication systems, condition monitoring technologies, and industrial engineering solutions. Since its establishment in 1907, the company has focused on technologies aimed at reducing friction, improving energy efficiency, and supporting industrial sustainability.

The global group operates across approximately 130 countries and maintains a network of nearly 17,000 distributor locations worldwide. SKF reported annual global sales of SEK 91,583 million in 2025 and employs more than 37,000 people across its international operations.