SKF India Limited, a prominent technology and solutions provider in bearings and units, condition monitoring, and services, has released its unaudited financial results for the quarter ended September 30, 2024.
Financial Highlights:
- Revenue from operations for the quarter was ₹1,244.2 crore, an increase from ₹1,125.2 crore in the previous year, marking an 11% year-over-year growth.
- Profit Before Tax (PBT) for the quarter stood at ₹126.9 crore, up from ₹121.7 crore in the same period last year, reflecting a 4% year-over-year increase.
Mukund Vasudevan, Managing Director of SKF India Limited, commented, “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.”
