Timken India Delivers Strong Q2, Approves Strategic Acquisition of GGB Technology Shares

Timken India Ltd, a leading player in bearings and mechanical power transmission products, announced its Q2 FY2025 results, showcasing resilience and operational strength. The company posted a consolidated revenue from operations of ₹7.73 billion and a net profit after tax of ₹894.7 million, driven by stable demand across industrial segments and efficient cost management.

In a strategic move, Timken India’s board approved the acquisition of shares in Timken GGB Technology at ₹132.50 per share. This acquisition is expected to enhance Timken’s capabilities in high-performance bearing solutions and expand its footprint in specialized industrial applications.

Major takeaways:

• Q2 FY2025 revenue: ₹7.73 billion
• Q2 FY2025 net profit: ₹894.7 million
• Acquisition of Timken GGB Technology shares approved
• Purchase price set at ₹132.50 per share
• Strategic focus on expanding precision engineering portfolio

Sources: Reuters, Timken India Investor Relations, Nasdaq