SKF India500472Bearings, automotive components
SKF India management raised full-year growth guidance to around 20% from earlier 12%, citing strong OE and export demand
By ScoutQuest · · 1 min read
- Half year growth
- 24 percent
- Full year growth guidance
- 20 percent
- Previous guidance
- 12 percent
Heard on business television between 10:49:11 - 10:52:11 IST.
- Management said half-year growth already stood at 24%, with full year guidance raised to around 20% or more from earlier 12%.
- Growth is broad-based across segments including two-wheeler, three-wheeler, passenger vehicles and commercial vehicles, with OE segment driving strongly.
- Exports saw strong double-digit growth over the last two quarters.
- Aftermarket sales were a challenge, not growing positively, but overall guidance is not impacted.
- EV segment is growing disproportionately faster than overall market growth, though no specific number was given for its contribution.
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Source: Live TV News Channel · 4 Nov 2026
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