SKF India (SKFINDIA) — Board Meeting

📢 Key Event
Board approved unaudited Q1 FY2026 financial results and unmodified auditor review.

💡 Investor Takeaway
The company delivered strong revenue growth and profitability in Q1 FY2026, but demerger costs and tax adjustments may pressure near-term margins.

SKF India Limited announced the outcome of its August 12, 2026 board meeting, approving unaudited Q1 FY2026 financial results (ended June 30, 2026) and an unmodified review by Deloitte Haskins & Sells LLP. Revenue rose 26.9% YoY to ₹6,001.6 crores, with profit after tax at ₹618.4 crores. The filing also disclosed demerger-related costs, including ₹174.2 crores in expenses and a ₹88.8 million tax adjustment from secondary changes, alongside land transfer premiums of ₹1,639.2 crores. Results comply with Ind AS 34 and reflect impacts from new labour codes and a Bilateral Advance Pricing Agreement.

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About SKF India Limited (SKFINDIA)

Capital Goods · Bearings · Listed on NSE

Market Cap: ₹7,691.56 Cr P/E: 36.8 ROE: 15.8% ROCE: 26.9% Div Yield: 2.57%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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