SKF India Reports 20.1percent YoY Revenue Growth in Q2

Mumbai, Nov 04: SKF India Limited, a technology and engineering bearing solutions provider for the automotive industry, today announced its financial results for the second quarter ended September 30, 2026. The announcement aligns with the launch of a new brand identity, SKF Vertevo, marking an important milestone in its evolution as a focused, stand-alone automotive business.

For the quarter, the Company reported Revenue from Operations of INR 5958 Million, EBITDA of INR 865 Million, and Profit Before Tax of INR 698 Million. Growth was driven by broad-based demand across key automotive segments, including two and three-wheelers, passenger vehicles and exports. The performance was further aided by sustained momentum in the Indian automotive sector, where customers are seeking higher efficiency, reliability and performance.

Financial Highlights, Standalone

The quarterly performance comes at a significant point, as on 3rd November 2026 the SKF Vertevo brand is officially launched across the organization and to our customers and stakeholders worldwide. The SKF Vertevo brand is inspired by the world of racing, where the company has contributed to automotive innovation for decades. The identity is designed to keep a connection to the long SKF heritage and expertise, while signalling its ambition to help accelerate the future of mobility.

Speaking on the Company’s performance and the brand launch, Shailesh Kumar Sharma, Managing Director of SKF India Limited, said,

 “ We delivered strong revenue growth of 20.1% year-on-year in Q2, reflecting healthy demand across key automotive segments and the strength of our customer-focused strategy. The launch of SKF Vertevo marks an important new chapter for our business, building on our strong engineering heritage while sharpening our focus on the future of mobility. As a focused automotive business, we will continue to strengthen customer partnerships, accelerate innovation and drive sustainable growth.”

Mayank Holani, Chief Financial Officer of SKF India Limited, said,

“We continue to maintain a disciplined approach to financial performance. Our priorities remain clear: improving operational efficiency, managing costs effectively and maintaining a strong financial foundation to support profitable growth.”