SKF India Ltd. announced its unaudited financial results for the quarter and audited financial results for the financial year ended 31st March 2025.
Consolidated revenue from operations for the quarter stood at ₹12,134 million, with Profit Before Tax (PBT) at ₹2,757 million.
Financial Highlights (FY24-25): Consolidated
Revenue: ₹49,199 million, reflecting an 8% growth compared to ₹45,701 million in the previous year.
Profit Before Tax (PBT): ₹7,632 million, a 4% growth compared to ₹7,358 million during the previous year.
Financial Highlights (Q4 FY24-25): Consolidated
Revenue: ₹12,134 million, reflecting a 1% growth compared to ₹12,034 million in the previous year.
Profit Before Tax (PBT): ₹2,757 million, a 20% growth compared to ₹2,296 million during the previous year.
Mukund Vasudevan, Managing Director, SKF India Limited, said, “Our performance this quarter is a testament to our focused execution and ability to adapt in a constantly evolving business environment. For the financial year, we recorded a year-on-year revenue growth of 8% and a 4% increase in profit before tax reflecting our continued focus on disciplined execution and strategic agility in a dynamic market.”
Update on Demerger: The Board of Directors approved the demerger of the Industrial business on December 26, 2024. The company has received in-principle approval from BSE Limited and National Stock Exchange of India Limited and has filed the application with the Hon’ble National Company Law Tribunal for approval. The whole process is expected to take 12-15 months, subject to necessary approvals.