• BSE
  • NSE
Partner with US Open an Demat Account EIPO Portfolio Tracker Watsapp Play Store App Store

News Details

03/11/2026 20:30

SKF India Q2 net profit down 51.06% at Rs 51.70 cr

The company reported standalone net profit of Rs 51.70 crore for the quarter ended September 30, 2026 as compared to Rs 105.65 crore in the same period last year, registering a year-on-year decline of 51.06 per cent.

Net revenue of the company rose substantially by 20.14 per cent at Rs 595.81 crore in July-September quarter of this fiscal as against Rs 495.91 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 22.91 per cent to Rs 538.42 crore from Rs 438.07 crore in year ago period.

Other Income grew by 348.07 per cent at Rs 29.08 crore versus (Sep'25 Rs 6.49 crore).

Operating Profit slipped by 0.78 per cent to Rs 57.39 crore as against Rs 57.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.41 per cent in September quarter.

Interest declined by 42.86 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 69.32 per cent at Rs 18.10 crore (Sep'25 Rs 10.69 crore).