{
  "id": 18076357,
  "title": "SKF India Records A Sharp 77% Jump In Profit Before Tax During Q2 FY27, Revenue Grows 20% To ₹595.8 Crore As Company Reports Strong Quarterly Performance",
  "url": "https://urgent.news/2026/11/04/skf-india-records-a-sharp-77-jump-in-profit-before-tax-during-q2-fy27",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T05:46:00.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/skf-india-records-a-sharp-77-jump-in-profit-before-tax-during-q2-fy27-revenue-grows-20-to-5958-crore-as-company-reports-strong-quarterly-performance"
  },
  "original_language": "en",
  "account": "Mumbai-based SKF India Limited announced a substantial 77.2% increase in profit before tax (PBT) to ₹69.8 crore in the second quarter of fiscal year 2027 (Q2 FY27). This represents a sharp jump from ₹39.4 crore in Q2 FY26, according to the company's regulatory filing dated November 3. Revenue from operations grew 20.1% year-on-year to ₹595.8 crore, up from ₹495.9 crore in the same period last year. The automotive bearings and engineering solutions company also reported a 34.5% rise in EBITDA to ₹86.5 crore, with the EBITDA margin improving to 14.5% from 13%. SKF India's sales growth was driven by robust demand across key automotive segments, including two-wheelers, three-wheelers, passenger vehicles, and exports. The company attributed its strong performance to sustained customer demand for higher efficiency, reliability, and performance, as well as the overall momentum in the domestic automotive industry.",
  "summary": "Mumbai: SKF India Limited reported a 20.1 per cent year-on-year increase in standalone revenue from operations to ₹595.8 crore for the quarter ended September 30, 2026 (Q2 FY27), compared with ₹495.9 crore in the corresponding quarter of the previous financial year. The automotive bearings and engineering solutions company's profit before tax (PBT) increased 77.2 per cent to ₹69.8 crore from…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}