SKF India Limited, a prominent technology and solutions provider in bearings, units, condition monitoring, and services, announced its unaudited financial results for the quarter ending September 30, 2024.
The company reported a revenue increase of 11% year-over-year, reaching INR 12,442 million compared to INR 11,252 million in the same period last year. Profit Before Tax (PBT) for the quarter rose by 4% to INR 1,269 million compared to INR 1,217 million in the previous year.
Mukund Vasudevan, Managing Director of SKF India Limited, said, “Our revenue has increased by 11%, and our profit before tax (PBT) has grown by 4% year-over-year. This performance reflects SKF’s commitment to delivering value to customers through innovative and sustainable solutions. Our focus on expanding manufacturing in India, attracting top talent, and prioritising sustainability remains strong.”
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