SKF India reports a significant 31.2% increase in Q4 revenue compared to last year, despite a drop in EBITDA margin. The company proposes a final dividend of INR 10 per share for the fiscal year results.
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SKF India has announced that Mayank Holani will take over as the new Chief Financial Officer (CFO) starting from May 14, 2026. He succeeds Aashi Arora, who is stepping down after serving in this position. With 23 years of experience under his belt, Holani brings a wealth of financial expertise to SKF India, having previously served as CFO in various industries for six years.
Aashi Arora has stepped down from her interim role as Chief Financial Officer (CFO) at SKF India Ltd, effective May 14th, 2026, marking the end of her temporary assignment. Despite her departure from the CFO position, she will continue to be a part of the company.
SKF India reports a significant decline in Q4 revenue, with earnings falling nearly half year-on-year to 5.9 billion rupees compared to 12 billion.
SKF India plans to distribute a dividend of Rs. 40 per share for FY26, subject to approval at the AGM on August 14, 2026. Additionally, Mayank Holani has been appointed as the new CFO, and several management changes are set to take effect on May 14, 2026.