Key Financial Results (Consolidated)

For Quarter Ended September 30, 2026:

  • Revenue from operations: ₹5,958.1 million
  • Total Income: ₹6,248.9 million
  • Profit before tax: ₹699.1 million
  • Profit for the period: ₹518.1 million
  • Basic EPS: ₹10.5 (not annualized)

For Six Months Ended September 30, 2026:

  • Revenue from operations: ₹11,836.0 million
  • Total Income: ₹12,250.5 million
  • Profit before tax: ₹1,537.7 million
  • Profit for the period: ₹1,137.3 million
  • Basic EPS: ₹23.0 (not annualized)

Comparative Figures (Quarter ended September 30, 2025):

  • Revenue from operations: ₹13,090.6 million
  • Profit for the period: ₹1,054.9 million
  • Basic EPS: ₹21.3 (not annualized)

Key Financial Results (Standalone)

For Quarter Ended September 30, 2026 (Continuing Operations):

  • Revenue from operations: ₹5,958.1 million
  • Profit for the period: ₹517.0 million
  • Basic EPS: ₹10.5 (not annualized)

For Six Months Ended September 30, 2026 (Continuing Operations):

  • Revenue from operations: ₹11,836.0 million
  • Profit for the period: ₹1,135.4 million
  • Basic EPS: ₹11.5 (not annualized)

Balance Sheet Position (Consolidated as of September 30, 2026)

  • Total Assets: ₹17,392.8 million
  • Total Equity: ₹12,434.5 million
  • Paid-up Equity Share Capital: ₹494.4 million (face value ₹10/-)
  • Reserves: Not specified for current period (₹12,799.9 million as of March 31, 2026)

Cash Flow Statement (Consolidated for Six Months Ended September 30, 2026)

  • Cash flow from Operating Activities: ₹1,231.6 million
  • Cash flow from Investing Activities: (₹1,117.0) million
  • Cash flow from Financing Activities: (₹1,994.6) million
  • Net change in Cash: (₹1,880.0) million
  • Cash and equivalents at end: ₹1,042.9 million

Audit Review

Statutory Auditors M/s. Deloitte Haskins & Sells LLP issued Limited Review Reports with unmodified opinion on both standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026.

Brand Launch

On November 3, 2026, SKF launched the SKF Vertevo brand globally to customers and stakeholders. The brand is inspired by racing and aims to signal the company's ambition in future mobility while maintaining connection to SKF heritage. The company name remains SKF India Limited.

Capacity Expansion Approval

The Board approved proposed capacity expansion by addition of new channels at various locations:

Haridwar Plant- DGBB Channel:

  • Existing capacity: 4 channels at ~90% utilization
  • Proposed addition: 2 channels
  • Investment: ₹247 million (1st channel) and ₹379 million (2nd channel)
  • Timeline: Production beginning December 2026 and March 2027

Pune Plant- TRB Channel:

  • Existing capacity: 6 channels at ~85% utilization
  • Proposed addition: 1 capacity enhancement + 1 new channel
  • Investment: ₹347 million (enhancement) and ₹431 million (new channel)
  • Timeline: Production beginning March 2027 and July 2027

Mode of Financing: Internal accruals

Rationale: Enhancement of manufacturing capacity to support customer demand and reduce trading volumes

Exceptional Items

The financial results include exceptional items related to:

1. Statutory impact of new Labour Codes (₹24 million for year ended March 31, 2026)

2. Bilateral Advance Pricing Agreement with CBDT covering FY2012-13 to FY2020-21

3. Demerger expenses including IT costs, professional services, and estimated transfer premium for land transfer

Corporate Actions

The document references the demerger that was effective October 1, 2025, where the Industrial Undertaking was demerged to SKF India (Industrial) Limited, which ceased to be a subsidiary. The financial results for previous periods have been restated to reflect discontinued operations.

Additional Information

The unaudited financial results are available on BSE (www.bseindia.com), NSE (www.nseindia.com) and the company's website (www.skf.com/in).