SKF India Limited, the automotive bearings maker, reported a 22% rise in standalone net profit to ₹46.1 crore in the fourth quarter ended March 2026, helped by higher revenue and continued demand across key vehicle categories. The company’s revenue from operations rose 20.7% year-on-year to ₹594.5 crore in the quarter, according to its May 14 press release.

Revenue growth

The company said the quarter saw broad-based demand across two- and three-wheelers, passenger vehicles and commercial vehicles, supported by operational discipline and technology-led offerings. Profit before exceptional items and tax stood at ₹53.4 crore, while profit before tax came in at ₹46.1 crore after accounting for exceptional items.

For the full year FY26, SKF India reported standalone revenue of ₹2,129.6 crore, up 15.4% from the previous year. Annual profit before tax stood at ₹235 crore, compared with ₹355.2 crore in FY25, with the decline reflecting exceptional costs linked to demerger-related items and new regulations.

Management commentary

Managing director Shailesh Kumar Sharma said the company’s quarterly performance was supported by strong execution and a resilient demand environment. “Our performance this quarter is driven by sustained demand across key automotive segments and strong execution across the value chain,” he said.

He added that the company has been working to strengthen manufacturing, supply chain and digital capabilities, while partnering closely with customers through sales and application engineering teams. SKF India also said it is focusing on technology-led innovation, localization and capacity expansion as it builds on its independent business structure after the recent corporate restructuring.

Demerger impact

The company noted that the results follow its recent restructuring, which has created two independently focused entities. It said the restructuring is intended to provide sharper strategic focus and better alignment with customer and market requirements.

SKF India also clarified that exceptional items included non-recurring expenses related to the demerger and new regulations. That kept quarterly profit below the pre-exceptional level, even though operating performance improved on a year-on-year basis.

The company said it remains focused on scaling through innovation, localization, manufacturing excellence and sustainability initiatives, as it looks to capture demand in India’s automotive supply chain.