Industrial Goods company SKF India announced Q3FY25 results Revenue: Rs 12,561 million, reflecting a 15% growth compared to Rs 10,919 million in the previous year Profit Before Tax (PBT): Rs 1,470.6 million compared to Rs 1,769.9 million during the previous year. Mukund Vasudevan - Managing Director, SKF India, said, “We delivered excellent revenue growth in Q3 2024. Overall, while SKF India Ltd. grew by 15% (~2X GDP), the Industrial business grew 23% YoY and our Automotive business grew 10% YoY. This performance underscores the resilience of our strategy and our ability to adapt to evolving market dynamics. By accelerating local manufacturing, innovating based on our segment-driven approach, and reinforcing our commitment to sustainability, we are strengthening our leadership in the industry. We remain focused on delivering superior value to our customers while driving long-term profitable growth for our stakeholders.” Result PDF
Industrial Goods company SKF India announced Q2FY25 results The Revenue from operations of the Company for the quarter was at Rs 12,442 million as compared to Rs 11,252 million in the previous year. The Profit Before Tax (PBT) for the quarter was Rs 1,269 million compared to Rs 1,217 million during the previous year. Mukund Vasudevan - Managing Director, SKF India, said: “Our revenue has increased by 11%, and our profit before tax (PBT) has grown by 4% year-over-year. This performance shows that SKF continues to create value for its customers through intelligent and clean solutions. Our consistent strategy to manufacture more in India, attract and retain the best talent, and drive sustainability is unwavering.” Result PDF