Schaeffler India reports 5% fall in Q3 net profit

Schaeffler India Ltd. | Bearings | Automobiles | BSE: 505790 | NSE: SCHAEFFLER

22 Oct 2018 Evaluate

Schaeffler India has reported results for third quarter ended September 30, 2018.

The company has reported 5.05% fall in its net profit at Rs 90.66 crore for the quarter under review as compared to Rs 95.48 crore for the same quarter in the previous year. However, total income of the company increased by 18.57% at Rs 1,208.52 crore for September quarter as compared Rs 1,019.23 crore for the corresponding quarter previous year.

Schaeffler India has its presence in automotive and across all core industrial segments.

Peers

Company Name	CMP
Schaeffler India	4023.05
Timken India	3273.70
SKF India	1527.10
NRB Bearings	535.35
Menon Bearings	296.00
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