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Schaeffler India - Quaterly Results

18 Apr 2023 Evaluate
The revenue zoomed 8.05% to Rs. 16936.20 millions for the quarter ended March 2023 as compared to Rs. 15675.10 millions during the corresponding quarter last year.The Company has registered profit of Rs. 2193.70  millions for the quarter ended March 2023, a growth of 5.91%  over Rs. 2071.20 millions millions achieved in the corresponding quarter of last year.Operating profit for the quarter ended March 2023 rose to 3473.70 millions as compared to 3285.20 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202212 202112 % Var
Sales 16936.20 15675.10 8.05 16936.20 15675.10 8.05 68674.20 55605.10 23.50
Other Income 326.90 200.50 63.04 326.90 200.50 63.04 776.80 723.80 7.32
PBIDT 3473.70 3285.20 5.74 3473.70 3285.20 5.74 13720.70 10439.20 31.43
Interest 8.00 8.40 -4.76 8.00 8.40 -4.76 35.50 36.70 -3.27
PBDT 3465.70 3276.80 5.76 3465.70 3276.80 5.76 13835.00 10402.50 33.00
Depreciation 524.50 504.90 3.88 524.50 504.90 3.88 2064.60 1971.10 4.74
PBT 2941.20 2771.90 6.11 2941.20 2771.90 6.11 11770.40 8431.40 39.60
TAX 747.50 700.70 6.68 747.50 700.70 6.68 2978.30 2140.20 39.16
Deferred Tax -9.60 12.60 -176.19 -9.60 12.60 -176.19 4.80 -46.80 -110.26
PAT 2193.70 2071.20 5.91 2193.70 2071.20 5.91 8792.10 6291.20 39.75
Equity 312.60 312.60 0.00 312.60 312.60 0.00 312.60 312.60 0.00
PBIDTM(%) 20.51 20.96 -2.14 20.51 20.96 -2.14 19.98 18.77 6.42
Peers
Company Name CMP
Schaeffler India 3520.00
Timken India 3007.80
SKF India 1472.20
NRB Bearings 466.00
Menon Bearings 321.50
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