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Schaeffler India Q4FY23 results out, revenue rises by 8%

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.

  • Schaeffler India Ltd reported Total Income for Q4 FY23 of ₹1,694 Crore, up from ₹1,568 Crore year on year, a growth of 8%.
  • Total Expenses for Q4 FY23 of ₹1,379 Crore up, from ₹1,259 Crore year on year, a growth of 9.53%.
  • Consolidated Net Profit of ₹219 Crore, up 6% from ₹207 Crore in the same quarter of the previous year.
  • The Earnings per Share is ₹14.03, up 5.8% from ₹13.25 in the same quarter of the previous year.
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