Timken India Limited (TIMKEN) Q2 FY27 Financial Results: PAT ₹115 Cr & Revenue ₹929 Cr

Timken India reported Q1 FY27 revenue of INR929 crores, up 15% YoY, with PBT at INR150 crores (15% YoY growth) and net profit at INR115 crores. Adjusted PBT margin stood at 16.2%, slightly above prior year's 16.1% after accounting for capitalized depreciation. Consolidated revenue reached INR943 crores, with consolidated net profit at INR119 crores. The company highlighted strong performance in rail (22% of revenue), mobile (184 crores), distribution (154 crores), and process segments driven by wind energy projects and export demand, particularly in the U.S. Bharuch plant ramp-up progressed steadily, targeting 70% utilization by Q3 FY27. The scheme to amalgamate Timken GGB Technology with Timken India is under NCLT review to unlock synergies. Management emphasized strategic focus on high-margin segments, cost efficiency via the 80/20 portfolio review, and continued capex allocation (8-10% of sales) for rail expansion and Bharuch plant scaling.