Schaeffler India reports 76% rise in Q2 net profit

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

28 Jul 2022 Evaluate

Schaeffler India has reported results for second quarter ended June 30, 2022.

The company has reported 76.19% rise in its net profit at Rs 225.75 crore for the quarter under review as compared to Rs 128.13 crore for the same quarter in the previous year. Total income of the company increased by 41.67% at Rs 1,765.03 crore for June quarter as compared Rs 1,245.85 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	4040.85
Timken India	3250.00
SKF India	1541.40
NRB Bearings	530.00
Menon Bearings	298.50
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