Schaeffler India Limited Reports Unaudited Earnings Results for the Quarter Ended March 31, 2018
April 17, 2018 at 04:28 am EDT
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Schaeffler India Limited reported unaudited earnings results for the quarter ended March 31, 2018. For the quarter, the company's revenue from operations was INR 5,211.9 million against INR 4,974.6 million a year ago. Profit before exceptional items and tax was INR 981.2 million against INR 861.5 million a year ago. Profit before tax was INR 981.2 million against INR 861.5 million a year ago. Profit for the period was INR 660.3 million or INR 39.7 per basic and diluted share against INR 574.8 million or INR 34.6 per basic and diluted share a year ago. Total income was INR 5,458.2 million against INR 5,103.4 million a year ago.
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 
