Timken India Q2 Results: Profit Up 29%, Revenue Up 25% (Oct 29, 2026)

Bearings rarely make headlines, but Timken India Q2 results are worth a closer look. On Thursday, October 29, 2026, the bearings maker reported consolidated net profit of ₹120.90 crore for the July-September quarter, up from ₹93.60 crore a year ago, a rise of about 29%. Consolidated revenue from operations climbed roughly 25% to ₹986.04 crore from ₹786.35 crore, according to the consolidated results table summarised by Cruxal.

Timken India Q2 results: the key numbers

The board met on October 29 from 6:00 PM to 7:03 PM and approved the unaudited standalone and consolidated numbers for the quarter and half-year ended September 30, 2026, as per the exchange filing summary on Kalkine. Here is how the quarter stacks up.

• Consolidated revenue: ₹986.04 crore, against ₹786.35 crore in Q2 FY26 (up 25.4%).
• Consolidated profit before tax: ₹162.87 crore, against ₹126.27 crore.
• Consolidated net profit: ₹120.90 crore after tax of ₹41.98 crore, against ₹93.60 crore (up 29.2%).
• Consolidated EPS: ₹16.07, against ₹12.44.
• Standalone revenue: ₹969.30 crore (₹9,692.97 million), against ₹772.99 crore.
• Standalone net profit: ₹116.06 crore (₹1,160.64 million), against ₹89.47 crore, with standalone EPS of ₹15.43.

News coverage focused on the standalone numbers. CNBC-TV18 reported standalone profit up 30.3% to ₹116 crore from ₹89 crore, working off rounded figures. On the exact filing numbers, the standalone increase works out closer to 29.7%. Either way, profit grew a little faster than sales.

Margins moved up, but only a little

According to CNBC-TV18, EBITDA rose 28.1% year-on-year to ₹178 crore from ₹139 crore, and the EBITDA margin widened by 50 basis points to 18.4% from 17.9%. That is a modest improvement. Most of the profit jump came from volume, with revenue up a quarter, rather than from a big change in profitability per rupee of sales.

We also looked at the sequential picture. Standalone revenue for the six months to September was ₹1,898.38 crore and standalone profit was ₹231.19 crore. Subtract the September quarter and you get roughly ₹929 crore of revenue and ₹115 crore of profit in the June quarter. So revenue grew about 4% over Q1, while profit was almost flat. For the half-year as a whole, standalone revenue was up about 20% from ₹1,581.80 crore and profit about 19% from ₹193.69 crore.

Other points from the filing

A few housekeeping details sat inside the results filing:

• During the quarter the company paid a final dividend of ₹2.50 per share. The board had recommended it on May 18, 2026, and shareholders approved it at the 39th AGM on August 18, 2026.
• The scheme to merge Timken GGB Technology Private Limited into the company was filed with the NCLT Bengaluru Bench in July 2026 and was still awaiting tribunal approval as of October 29.
• Statutory auditor Deloitte Haskins and Sells LLP gave a limited review report with an unmodified opinion, so there were no qualifications on the numbers.

What it means for investors

Timken India makes bearings and power transmission products used across industrial and automotive applications, so its sales are a rough read on factory and vehicle demand. A 25% jump in quarterly revenue says that demand was healthy in the September quarter.

The flat profit from Q1 to Q2 is the part we would keep an eye on. Growth over last year looks strong, but the quarter-on-quarter trend suggests costs grew about as fast as sales. If you want to dig into a results release like this yourself, our guide on how to analyse quarterly results of a company walks through the line items, and our story on Symphony’s Q2 results covers another company that reported on the same day.

Disclaimer: This article is for information and education only and is not investment advice. Figures are taken from the company’s results filing and the linked news reports. Please do your own research or consult a SEBI-registered adviser before investing.