Schaeffler India reports 6% rise in Q1 net profit

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

18 Apr 2023 Evaluate

Schaeffler India has reported results for first quarter ended March 31, 2023 (Q1).

The company has reported 5.91% rise in its net profit at Rs 219.37 crore for the quarter under review as compared to Rs 207.12 crore for the same quarter in the previous year. Total income of the company increased by 8.74% at Rs 1726.31 crore for March quarter as compared Rs 1,587.56 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	4030.00
Timken India	3257.50
SKF India	1540.00
NRB Bearings	528.85
Menon Bearings	300.45
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