SNL Bearings , India's state-owned telecom operator, has taken a significant step towards 5G deployment in the nation's capital. The company has placed an order for 5G services in Delhi, partnering with local telecom equipment manufacturers under a revenue-sharing arrangement.

Key Highlights

• Partners: HFCL, Tejas Networks, and ITI
• Location: Delhi market
• Business Model: Revenue sharing arrangement

Significance of the Partnership

This move by SNL Bearings is noteworthy for several reasons:

1. Local Collaboration: By partnering with Indian companies, SNL Bearings is supporting the government's 'Make in India' initiative in the telecom sector.

2. Technology Advancement: The order for 5G services indicates SNL Bearings' commitment to upgrading its network infrastructure to keep pace with private telecom operators.

3. Strategic Market Entry: Delhi, being the capital and a key telecom market, serves as a crucial starting point for SNL Bearings' 5G rollout strategy.

Impact on Partners

The collaboration is likely to have a positive impact on the partnering companies:

Revenue Sharing Model

The revenue sharing arrangement suggests a risk-sharing approach, which could be beneficial for both SNL Bearings and its partners. This model might allow for:

• Reduced upfront costs for SNL Bearings
• Aligned interests in the success of 5G services
• Potential for long-term partnerships in telecom infrastructure

While specific details of the revenue sharing agreement have not been disclosed, this approach could serve as a template for future collaborations in the telecom sector.

As SNL Bearings moves forward with its 5G deployment in Delhi, the telecom industry will be watching closely to see how this partnership unfolds and whether it sets a precedent for similar arrangements in other markets across India.

SNL Bearings Limited , a leading manufacturer in the bearing industry, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company has demonstrated robust performance with significant growth in revenue and profitability.

Financial Highlights

Key Performance Indicators

• Revenue Growth: SNL Bearings reported a 19.4% year-on-year increase in revenue from operations for Q2 FY26, rising from ₹1,271.00 lakhs in Q2 FY25 to ₹1,477.00 lakhs.

• Profitability: The company's profit after tax for Q2 FY26 stood at ₹293.00 lakhs, marking a 14% increase compared to ₹257.00 lakhs in the same quarter of the previous year.

• Half-Yearly Performance: For H1 FY26, the company's revenue from operations reached ₹2,714.00 lakhs, up 9% from ₹2,490.00 lakhs in H1 FY25. The profit after tax for the half-year grew by 9.3% to ₹564.00 lakhs.

• Earnings Per Share: The basic and diluted earnings per share for Q2 FY26 improved to ₹8.11, compared to ₹7.12 in Q2 FY25.

Dividend Announcement

During the quarter, SNL Bearings paid a final dividend of ₹8.00 per share (80% on face value of ₹10 per share) for the financial year 2024-25, as approved by shareholders in the Annual General Meeting.

Management Commentary

The Board of Directors, led by Chairperson Ms. Harshbeena Zaveri, approved these results in a meeting held on November 4, 2025. The company's performance reflects strong operational efficiency and market demand for its products.

Auditor's Review

The financial results have undergone a limited review by the company's statutory auditors, Walker Chandiok & Co LLP, ensuring compliance with Indian Accounting Standards and SEBI regulations.

SNL Bearings continues to operate as a single segment company in the bearing industry, as defined under Ind AS 108 "Operating Segments". The company's focus on this core business appears to be yielding positive results, as evidenced by the strong financial performance in the latest quarter.

Investors and stakeholders can access more detailed financial information on the company's website at www.snlbearings.in .