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Schaeffler India reports 6% rise in Q1 net profit

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 3653.55
Timken India 2865.80
SKF India 1434.80
NRB Bearings 514.15
Menon Bearings 287.85
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