**SKF India (Industrial) reported a **13.84% decline in standalone net profit to **₹61.92 crore in the quarter ended June 2026, compared to ₹71.87 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this profit decline occurred despite the company achieving strong revenue growth during the same period.
The company demonstrated robust top-line growth with sales rising 18.30% to ₹970.77 crore in Q1 FY2026, as compared to ₹820.63 crore in the corresponding quarter of the previous financial year. As reported by Business Standard, this revenue expansion indicates strong business momentum despite the profit decline.
Operating profit margin (OPM) compressed to 9.09% in the June 2026 quarter from 11.44% in the same quarter of the previous year. According to the financial data reported by Business Standard, this margin compression contributed to the overall decline in profitability despite the strong revenue performance.
PBDT (Profit Before Depreciation and Tax) declined 7% to ₹97.20 crore from ₹104.13 crore in the corresponding quarter of the previous year. Similarly, PBT (Profit Before Tax) fell 10% to ₹86.92 crore compared to ₹97.09 crore in Q1 FY2025. These figures, as reported by Business Standard, reflect the overall impact of margin compression on the company's profitability metrics.
