Schaeffler India Q3 results: Net profit marginally grows to Rs 236.41 crore

Quick Summary:

"Despite a challenging market environment, the automotive technologies and bearings and industrial solutions business showed an upward trend," Harsha Kadam, Managing Director and CEO at Schaeffler India said in a statement.

Schaeffler India on Wednesday said its consolidated Profit After Tax grew marginally to Rs 236.41 crore in the July-September quarter of this year, from Rs 232.76 crore a year ago.

Revenue from operations during the reporting quarter, however, rose 14 per cent to Rs 2,116.3 crore in the third quarter of 2024, from Rs 1,853.6 crore in the year-ago period, the company said in a regulatory filing.

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Category: BusinessFinance

Markets: India

Topics: Schaeffler Corporate earnings Schaeffler India PAT Q3 results Q3

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Article Type: News Report

Published On: 2024-10-23 @ 22:46:39 (1 weeks ago)

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Language: English

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