Timken India reports record revenue, strong profit growth

Timken India Limited reported record revenue of INR 31,478.10 million for FY 2024-25, an 8.2% increase driven by strong domestic demand. Profit after tax rose to INR 4,473.86 million from INR 3,921 million previously, with earnings per share reaching INR 59.48.

The company invested approximately 12% of revenue in capacity expansion, automation, and digital transformation. A new manufacturing facility in Bharuch began commercial production in Q1 FY 2025-26.

The effective tax rate decreased to 19.1% from 25.2% due to a one-time gain from a provision reversal.