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TIMKEN: Q2 revenue up 10% YoY; margins down; Bharuch plant on track; rail and wind segments show growth

TIMKEN: Q2 revenue up 10% YoY; margins down; Bharuch plant on track; rail and wind segments show growth

Timken India LimitedNovember 6, 20243
TIMKEN: Q2 revenue up 10% YoY; margins down; Bharuch plant on track; rail and wind segments show growth

About this update from Timken India Limited

Q2 FY25 revenue grew 10% year-over-year to INR 753 crore, led by domestic demand, while margins declined due to mix and inflation. The Bharuch plant expansion is on track, with steady growth expected in rail and wind segments, and optimism for improved performance in the second half.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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