Schaeffler India Limited Reports Earnings Result for the First Half 2017
August 30, 2017 at 06:45 am EDT
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Schaeffler India Limited reported earnings results for the first half 2017. For the first half, the company reported revenue of INR 9,205 million, EBITDA of INR 1,746 million, PBT of INR 1,699 million and PAT of INR 1,115 million. For the first half, on proforma basis, the company reported revenue of INR 19,077 million, EBITDA of INR 3,323 million, PBT of INR 2,841 million and PAT of INR 1,881 million.
Schaeffler India Limited is an India-based automotive and industrial component supplier. The Company provides components and systems for engine, transmission, and chassis applications for hybrid, electric, and combustion-engine-powered vehicles. The Company's segments include Automotive Technologies, Automotive Aftermarket, Industrial, and Exports & Others. The Automotive Technologies segment develops products using sustainable technologies for passenger and commercial vehicles, tractors, and off-highway segments. The Automotive Aftermarket provides data-driven services and plug-and-play solutions for transmission, engine, and chassis systems. It also includes three brands, such as LuK, INA and FAG. The Industrial segment offers a portfolio of bearing solutions, ranging from high-speed and high-precision bearings with small diameters, to large-size bearings, several meters wide. The Exports & Others segment includes exports to group companies and scrap sales.
SCHAEFFLER INDIA LIMITED 
