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Schaeffler India Ltd Q1FY24; 5% rise in Profits

Schaeffler India Ltd is engaged in the development, manufacturing and distribution of high-precision roller and ball bearings, engine systems and transmission components, chassis applications, clutch systems and related machine building manufacturing activities.

Financial Results:

Schaeffler India Ltd reported Revenues for Q1FY24 of ₹1,829.00 Crores up from ₹1,749.00 Crore year on year, a rise of 4.57%.

Total Expenses for Q1FY24 of ₹1,542.00 Crores up from ₹1,479.00 Crores year on year, a rise of 4.26%.

Consolidated Net Profit of ₹237.00 Crores up 4.87% from ₹226.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹15.18, up 5.12% from ₹14.44 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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