FilingReader Intelligence

SKF India sees growth after strategic demerger

November 15, 2025 at 07:59 AM UTCBy FilingReader AI

SKF India Limited reported consolidated revenue from operations of Rs. 13,090.6 million for the second quarter ended September 30, 2025, a 5.2% growth year-over-year. Profit Before Tax also increased to Rs. 1,406.2 million.

The company's performance follows the formal separation of its business into two distinct entities: SKF Industrial and SKF Automotive. This demerger, sanctioned by the National Company Law Tribunal and approved by shareholders, aims to sharpen focus and accelerate growth in respective sectors.

SKF Industrial plans investments of ₹8,000–9,500 million by 2030, including a new manufacturing facility in Pune by 2028. SKF Automotive will allocate ₹4,100–5,100 million by 2030 to expand capacities across EV, two-wheeler, and wheel-end bearing segments in Haridwar, Pune, and Bangalore.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:SKFINDIABombay Stock Exchange

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