Timken India Q1 FY27: Revenue up 15% to Rs 9,291M, PAT at Rs 1,151M; clean audit
TIMKEN · price
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Timken India reported Q1 FY27 standalone revenue of Rs 9,290.85 Million, up 14.9% YoY from Rs 8,088.17 Million. Net profit rose 10.5% to Rs 1,151.30 Million versus Rs 1,042.24 Million. EPS stood at Rs 15.31 against Rs 13.86. Deloitte Haskins and Sells LLP issued an unmodified limited review opinion. Three senior management persons ceased their roles due to organizational restructuring but continue in employment. Scheme of amalgamation with wholly owned subsidiary Timken GGB Technology filed with NCLT Bangalore.
Steady revenue and profit growth with clean audit. Senior management reshuffle is routine. Pending GGB merger may streamline operations.