Profit before tax for the second quarter of FY26 stood at Rs 6.33 crore, registering a 21.73% jump from Rs 5.20 crore in Q2 FY25.
Total expenses rose by 27.74% YoY to Rs 64.56 crore in the second quarter of FY26. Purchase of stock in trade stood at Rs 65.71 crore (up 20.53% YoY) and employee benefit expense was at Rs 1.12 crore (up 17.84% YoY) during the period under review.
SKF India reported a 19.8% year-on-year increase in EBITDA, which rose to Rs 7.24 crore in Q2 FY26 from Rs 6.04 crore in Q2 FY25.
Padmaraj Padmnabhan Pillai, MD, Power & Instrumentation (Gujarat), said, “We are pleased to report a good performance in Q2 & H1 FY26, reflecting the company’s focus on execution excellence, operational discipline, and sustained growth across key business segments.
The quarter delivered healthy improvement in both revenue and profitability, supported by a strong order inflow and efficient project management. During the period, the company secured significant orders under government-led rural electrification schemes, further reinforcing its presence in critical national infrastructure initiatives.
PIGL also progressed its strategic investment in Peaton Electrical Company , which will enhance backward integration and create synergies in manufacturing and technology collaboration. Looking ahead, the company remains confident of leveraging India’s continued emphasis on power distribution modernization and renewable energy expansion.
With a strong order book, deep domain expertise, and a growing presence across power, infrastructure, and renewable segments, PIGL is well positioned to sustain its growth trajectory and deliver long-term value to all stakeholders.”
Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment.