Interim report
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TIMKEN Mandar Vasmatkar Company Secretary & Chief - Compliance mandar.vasmatkar@timken.com 4 August , 2026 National Stock Exchange of India Limited Exchange Plaza , Plot No. C / 1 , NSE Symbol- TIMKEN G - Block , Bandra- Kurla Complex , Bandra ( E ) , Mumbai- 400 051 . BSE Limited Phiroze Jeejeebhoy Towers , Dalal Street , Fort , Mumbai- 400 001 . Scrip Code - 522113 Dear Sir / Madam , Sub : Outcome of the Board Meeting held on 4 August , 2026 Pursuant to Regulations 30 and 33 of Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 , we write to inform you that : • Unaudited Financial Results : The Board has approved Unaudited Financial Results ( Standalone and Consolidated ) for the quarter ended 30 June , 2026. Copy of Unaudited Financial Results for the quarter ended 30 June , 2026 along with Limited Review Reports is enclosed herewith . We confirm that Deloitte Haskins & Sells LLP , Statutory Auditors of the Company have issued Limited Review Reports with unmodified opinion on said Financial Results . Change in Management : Mr. Vijay Pratap Singh , General Manager - Sales , Mobility , Aero , Defense & Plain Bearings , Mr. Gajanan Bidkar , General Manager - India SCM & Global Sourcing and Mr. Tarun Beniwal , Manager - Corporate Communications have ceased to be part of Senior Management Persons due to organizational restructuring . For more details , please see Annexure - A. Time of commencement of the Board Meeting : 6.00 PM . Time of conclusion of Board Meeting : 7.04 PM . Kindly request you to take this on record . Thanking you . Yours faithfully , For TIMKEN INDIA LIMITED Mandar Vasmatkar Company Secretary & Chief Compliance Engineered Bearings | Mechanical Power Transmission Products | Industrial Services Registered office : Timken India Limited 39-42 , Electronic City , Phase II , Hosur Road , Bangalore 560 100 . Tel : +91 ( 80 ) 41362000 , Fax : +91 ( 80 ) 41362010 , Website : www.timken.com/en-in/ CIN : L29130KA1996PLC048230
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2 Annexure -A Additional information required to be disclosed in connection with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sl. No. Particulars Mr. Vijay Pratap Singh Mr. Gajanan Bidkar Mr. Tarun Beniwal 1. Reason for change viz. appointment, re- appointment, resignation, removal, death or otherwise Cessation due to organizational restructuring. Mr. Singh continues to be in employment of the Company. Cessation due to organizational restructuring. Mr. Bidkar continues to be in employment of the Company. Cessation due to organizational restructuring. Mr.Beniwal continues to be in employment of the Company. 2. Date of appointment/re- appointment/cessation (as applicable) & term of appointment/re- appointment 4 August, 2026 4 August, 2026 4 August, 2026 3. Brief profile (in case of appointment) NA NA NA 4. Disclosure of relationships Not related to any Director or KMP of the Company. Not related to any Director or KMP of the Company. Not related to any Director or KMP of the Company.
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TIMKEN INDIA LIMITED Regd. Office: 39-42, Electronic City Phase II, Hosur Road, Bangalore - 560 100 TIMKl4J\I Tel : +91804136 2000 Fax : +91 80 4136 2010 CIN : L29130KA1996PLC048230 Website : www.timken .com/en-in. STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 (f in Million except as otherwise stated) SI. Particulars Three months ended Financial Year No ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited (refer note 7) Unaudited Audited 1 Income (a) Revenue from operations 9,290.85 10,731 .35 8,088.17 34,193.16 (b) Other Income 101.96 26.38 100.36 280 01 Total Income 9,392.81 10,757.73 8,188.53 34,473.17 2 Expenses (a) Cost of materials consumed 3,511 .54 2,243.25 2,617.24 10,127.58 (b) Purchases of Stock-in-Trade 2,949.52 3,081 .93 2,241 .55 11 ,176.67 (c) Changes in inventories of finished goods, Stock-in-Trade and work-in-progress (87813) 1,137.50 80.00 (339.77) (d) Employee benefits expenses 491.24 479.73 431 .99 1,824.93 (e) Finance costs 7.59 9.64 11 .37 36.83 (f) Depreciation & amortization expenses 313.33 295.34 208.03 1,057.28 (g) Other expenses 1,494.27 1,436.58 1,294.03 5,285.73 Total Expenses 7,889.36 8,683.97 6,884.21 29,169.25 3 Profit before tax (1-2) 1,503.45 2,073.76 1,304.32 5,303.92 4 Tax Expenses - Current tax (includes reversal relating to earlier years) 300.21 486.16 203.60 1,167.43 - Deferred tax charge/ (credit) 51 .94 39.66 58.48 153.16 Total tax expenses (refer note 5) 352.15 525.82 262.08 1,320.59 5 Net Profit after tax (3-4) 1,151.30 1,547.94 1,042.24 3,983.33 6 Other comprehensive income Items not to be reclassified to profit or loss : (i) Re-measurement gains/ (losses) on defined benefit plans (35.17) 21 .18 (9.54) 14.61 (ii) Income tax effect on above 8.85 (5.33) 2.40 (3.68) Total other comprehensive income I (loss) (26.32) 15.85 (7.14) 10.93 7 Total comprehensive income (5+6) 1,124.98 .1,563.79 1,035.10 3,994.26 8 Paid-up equity share capital - (of Rs 10/- each) 752.19 752.19 752.19 752.19 9 Other Equity 28,982.85 10 Earnings per Share (of Rs.10/- each) (Basic & Diluted) Rs. 15.31 20.58 13.86 52.96 Not annualised Not annualised Not annualised Annualised Notes (1) The Statement of unaudited standalone financial results ('the Statement') of Timken India Limited ('the Company') for the quarter ended June 30, 2026 has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 04, 2026. The Statement has been subjected to limited review by Deloitte Haskins & Sells LLP, the statutory auditor of the Company. The report of the statutory auditor is unmodified. (2) The Company has only one reportable primary segment, viz. 'Bearings and allied goods & services'. Accordingly, no separate disclosure of segment information has been made (3) These unaudited standalone financial results of the Company have been prepared in accordance with the Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 ("the Act") read with relevant Rules issued thereunder ('IND AS') and other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India ("SEBI"). (4) On November 21 , 2025, the Government of India notified four labour codes effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Statement of Profit and Loss and this approach is consistent with the guidance issued by the Institute of Chartered Account ants of India. The Company has considered restructured compensation of its employees with effect from April 01 , 2026, and assessed the impacts of the changes, which has been recognised as an employee benefit expenses in the quarter ended March 31 , 2026. The group continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes and will incorporate appropriate accounting treatment based on these developments as required. (5) Total tax expenses for the quarter ended June 30, 2026 includes reversal of provisions amounting tot 33.73 Million (t 82.54 Million in June 30, 2025) (net of deferred tax impact) which relate to certain transactions of earlier periods, basis management evaluation. (6) The Board of Directors of the Company at it's meeting held on May 18, 2026 approved a draft Scheme of amalgamation amongst Timken GGB Technology Private Limited ("GGB") with the Company and their respective shareholders and creditors with effect from the appointed date of April 01 , 2026 pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ("the Act") and the Rules made thereunder. The Company has filed the application with National Company Law Tribunal, Bangalore Bench in the month of June'2026. (7) The figures for the quarter ended March 31 , 2026 are the balancing figures between audited figures in respect of full financial year ended March 31 , 2026 and the unaudited published year to date figures up to December 31 , 2025, being the end of the third quarter of the financial year, which was subjected to limited review by the statutory auditor. ~._SKINS~ By the order of Board ~ u1 v>-\)JV ~ ~ \ - ~o CHARTERED ~ \NDIA~;, ;l ACCOUNTANTS ,- I ~~ ~ ~ ,-... ~ 39-42 ~ * *'l::, l ,_~~lcctrvnicCit y 0 Sanjay Koul August 04, 2026 c9~4'GALU~\) ·.', Phase -11 * Chair aging Director Bangalore DIN: 05159352 ..n u~ ,..,,, l:'~ ,.,,-1 c:::>
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Chartered Accountants Prestige Trade Tower, Level 19 46, Palace Road, High Grounds Bengaluru 560 001 Karnataka, India Tel: +91 80 6188 6000 Fax: +91 80 6188 6011 STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF TIMKEN INDIA LIMITED 1. We have reviewed the accompanying Statement of Unaudited standalone financial results of Timken India Limited for the quarter ended June 30, 2026 being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended . 2. m Financial read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review a (ICAI). A review of interim financial information consists of making inquiries, primarily of the matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Deloitte Haskins & Sells LLP Chartered Accountants 117366W/W-100018) Ankit Daga (Partner) (Membership No. 512486) (UDIN: 26512486XQVGCC5603) Bengaluru, August 04, 2026
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TIMKEN INDIA LIMITED Regd . Office : 39-42, Electronic City Phase II, Hosur Road , Bangalore - 560 100 Tel : +91 80 4136 2000 Fax : +91 80 4136 2010 CIN : L29130KA1996PLC048230 Website : www .timken.com/en-in. I KE STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 SI. No Particulars 1 Income (a) Revenue from operations (b) Other Income Total Income 2 Expenses (a) Cost of materials consumed (b) Purchases of Stock-in -Trade (c) Changes in inventories of finished goods, Stock-in-Trade and work-in-progress (d) Employee benefits expenses (e) Finance costs (f) Depreciation & amortization expenses (g) Other expenses Total Expenses 3 Profit before tax (1-2) 4 Tax Expenses - Current tax (includes reversal relating to earlier years) - Deferred tax charge / (credit) Total tax expenses (refer note 5) 5 Net Profit after tax (3-4) 6 Other comprehensive income Items not to be reclassified to profit or loss : (i) Re-measurement gains/ (losses) on defined benefit plans (ii) Income tax effect on above Total other comprehensive income I (loss) 7 Total comprehensive income (5+6) 8 Paid-up equity share capital - (of Rs 10/- each) 9 Other Equity 10 Earnings per Share (of Rs.10/- each) (Basic & Diluted) Rs Notes: June 30, 2026 Unaudited 9,433.20 107.33 9,540 .53 3,590.73 2,965.99 (897.28) 498.53 7.59 313.51 1,499.01 7,978.08 1,562.45 314.60 51 .26 365.86 1,196.59 (35.10) 8.83 (26.27) 1,170.32 752.19 15.91 Not annualised (l in Million except as otherwise stated) Three months ended Financial Year ended March 31 , 2026 June 30, 2025 March 31 , 2026 (refer note 81 (refer note 6) Audited 10.898.26 8,221 .79 34,780.29 8.16 112.11 300.61 10,906.42 8,333.90 35,080.90 2,282.86 2,668.49 10,356.31 3,096.68 2,256.93 11 ,256.83 1,159.76 85.27 (341 .65) 489.94 441 .47 1,865.05 9.64 11 .56 37.36 296.02 208.86 1,060.46 1,451 .24 1,300.42 5,320.23 8,786.14 6,973.00 29,554.59 2,120.28 1,360.90 5,526.31 497.66 217.64 1,224.22 39.57 59.01 153.24 537.23 276.65 1,377.46 1,583.05 1,084.25 4,148.85 21 .29 (9.48) 14.88 (5.36) 2.38 (3.75) 15.93 (7.10) 11.13 1,598.98 1,077.15 4,159.98 752.19 752.19 752.19 28,393.56 21 .05 14.41 55.16 Not annualised Not annualised Annualised (1) The statement of unaudited consolidated financial results("the Statement ") of Timken India Limited ("the Company "') for the quarter ended June 30, 2026 has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 04, 2026.The Statement has been subjected to limited review by Deloitte Haskins & Sells LLP, the statutory auditor of the Company , the report of the statutory auditor is unmodified . (2) The Company has only one reportable primary segment , viz . 'Bearings and allied goods & services '. Accordingly , no separate disclosure of segment information has been made. (3) These unaudited consolidated financial results of the Company have been prepared in accordance with the Indian Accounti ng Standards prescribed under Section 133 of the Companies Act, 2013 ("the Act") read with relevant Rules issued thereunder ('IND AS') and other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India ("SEBI'") . (4) On November 21 , 2025 , the Government of India notified four labour codes effective immediate ly, replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee benefits , changes to employee benefit plans arising from legislative amendments are treated as plan amendments , requiring immediate recognition of past service cost in the Statement of Profit and Loss and this approach is consistent with the guidance issued by the Institute of Chartered Accountants of India . The Company has considered restructured compensation of its employees with effect from April 01 , 2026 , and assessed the impacts of the changes, which has been recognised as an employee benefit expenses in the quarter ended March 31 , 2026. The Company continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes and will incorporate appropriate accounting treatment based on these developments as required. (5) Total tax expenses for the quarter ended June 30, 2026 includes reversal of provisions amounting to l 33.73 Million (l 82.54 Million in June 30, 2025) (net of deferred tax impact) which relate to certain transactions of earlier periods, basis management eva luation (6) Timken India Limited acquired 100% equity shares of Timken GGB Technology Private Limited ("'GGB'") from Timken Europe B.V., Netherlands and The Timken Company , USA through executio n of a Share Purchase Agreement dated November 21 , 2025 for a consideration of l 1,288 Million. The total consideration was paid on December 01 , 2025. Consequently , GGB has become a wholly owned subsidiary of Timken India Limited . The transaction being a "'Common control business combination ·· as define d under Ind AS 103 - Business Combi nations, accounting has been carried out from the first day of the preceding period i.e. April 1, 2024 and under the pooling of interest method , as prescribed Appendix C of Ind AS 103. According ly, assets, liabilities . income and expenses of GGB have been accounted in the consolidated books of account at their carrying amounts. The comparative consolidated financial results for the quarter ended June 30, 2025 are presented solely based on the information compiled by the management and have not been reviewed by the statutory auditor except to the extent it r,elates to the Parent and adjustments made to the financial information of the Subsidiary to comply with Indian Accounting Standards . (7) The Board of Directors of the Group at it's meeting held on May 18, 2026 approved a draft Scheme of amalgamation amongst Timken GGB Technology Private Limited ('"GGB") with the Company and their respective shareholders and creditors with effect from the appointed date of April 01 , 2026 pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('1he Act") and the Rules made thereunder. The Company has filed the application with National Company Law Tribunal , Bangalore Bench in the month of June'2026. (8) The figures for the quarter ended March 31 , 2026 are the balancing figures between audited figures in respect of full financial year ended March 31 , 2026 and the unaudited published year to date figures up to December 31 , 2025, being the end of the third quarter of the financial year, which was subjected to limited review by the statutory auditor . August 04, 2026 Bangalore ~ \ND/Al;, ~ ~ ~ 39-42 ~ , ,_ Electronic City O\ 1 ,_.. Phase -11 x / ~ Hosur Road & ~Q ~~ '-'llORE.hx:;
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Chartered Accountants Prestige Trade Tower, Level 19 46, Palace Road, High Grounds Bengaluru 560 001 Karnataka, India Tel: +91 80 6188 6000 Fax: +91 80 6188 6011 CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF TIMKEN INDIA LIMITED 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Timken India Limited subsidiary (the Parent and its subsidiary the Group), for the quarter ended June 30, 2026 Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) 2. 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review , issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. The Statement includes the results of the following entities: 5. SL Number Name of entity Relationship 1 Timken India Limited Parent 2 Timken GGB Technology India Private Limited Wholly Owned Subsidiary
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6. Based on our review conducted and procedures performed as stated in paragraph 3 above nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.Other MatterAs stated in Note 6 of the Statement, the Consolidated financial information relating to the quarter ended June 30, 2025 to the extent it relates to the Parent and adjustments made to the financial information of the Subsidiary to comply with Indian Accounting Standards only has been subjected to review by us.Our conclusion on the statement is not modified with respect to this matter. For Deloitte Haskins & Sells LLP Chartered Accountants117366W/W-100018) Ankit Daga Partner (Membership No. 512486) (UDIN : 26512486FUDYHM5874) Bengaluru, August 04, 2026