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Schaeffler India - Quaterly Results

16 Feb 2024 Evaluate
With no major difference for the quarter endedDecember 2023 , the total revenue stood at Rs. 18550.70  millions.The Company's Net profit for the December 2023 quarter have declined marginally to Rs. 2173.80  millions as against Rs. 2309.80 millions reported during the corresponding quarter ended.Operating Profit reported a sharp decline to 3585.90 millions from 3634.90 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202312 202212 % Var
Sales 18550.70 17946.50 3.37 72261.30 68674.20 5.22 72261.30 68674.20 5.22
Other Income 305.00 182.70 66.94 1248.90 776.80 60.77 1248.90 776.80 60.77
PBIDT 3585.90 3634.90 -1.35 14516.50 13720.70 5.80 14516.50 13720.70 5.80
Interest 9.80 9.30 5.38 41.70 35.50 17.46 41.70 35.50 17.46
PBDT 3529.10 3625.60 -2.66 14427.80 13835.00 4.28 14427.80 13835.00 4.28
Depreciation 570.90 529.90 7.74 2190.90 2064.60 6.12 2190.90 2064.60 6.12
PBT 2958.20 3095.70 -4.44 12236.90 11770.40 3.96 12236.90 11770.40 3.96
TAX 784.40 785.90 -0.19 3146.60 2978.30 5.65 3146.60 2978.30 5.65
Deferred Tax -15.20 19.10 -179.58 -52.40 4.80 -1191.67 -52.40 4.80 -1191.67
PAT 2173.80 2309.80 -5.89 9090.30 8792.10 3.39 9090.30 8792.10 3.39
Equity 312.60 312.60 0.00 312.60 312.60 0.00 312.60 312.60 0.00
PBIDTM(%) 19.33 20.25 -4.56 20.09 19.98 0.55 20.09 19.98 0.55
Peers
Company Name CMP
Schaeffler India 4022.20
Timken India 3264.50
SKF India 1527.40
NRB Bearings 533.45
Menon Bearings 296.50
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