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Schaeffler India Ltd Q3FY24; 6% fall 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 Q3FY24 of ₹1,855.00 Crores up from ₹1,795.00 Crore year on year, a rise of 3.34%.

Total Expenses for Q3FY24 of ₹1,585.00 Crores up from ₹1,503.00 Crores year on year, a rise of 5.46%.

Consolidated Net Profit of ₹217.00 Crores down 6.06% from ₹231.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹13.91, down 5.89% from ₹14.78 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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