Schaeffler India Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was INR 18,291.4 million compared to INR 17,488.3 million a year ago. Revenue was INR 18,599.3 million compared to INR 17,650.3 million a year ago. Net income was INR 2,372.8 million compared to INR 2,257.5 million a year ago. Basic earnings per share from continuing operations was INR 15.2 compared to INR 14.4 a year ago. Diluted earnings per share from continuing operations was INR 15.2 compared to INR 14.4 a year ago.
For the six months, sales was INR 35,227.6 million compared to INR 33,163.4 million a year ago. Revenue was INR 35,862.4 million compared to INR 33,525.9 million a year ago. Net income was INR 4,566.5 million compared to INR 4,328.7 million a year ago. Basic earnings per share from continuing operations was INR 29.2 compared to INR 27.7 a year ago. Diluted earnings per share from continuing operations was INR 29.2 compared to INR 27.7 a year ago.