Schaeffler India Limited — Important, 05-03-2025: Updates

**Financial Highlights:** Schaeffler India reported total income of ₹21,708.8 crore for the quarter ending December 31, 2024, a notable increase from ₹19,047.5 crore in the same quarter last year. The company’s revenue from operations rose to ₹21,360.6 crore, compared to ₹18,745.5 crore year-on-year. Profit after tax reached ₹2,372.8 crore, reflecting solid growth, compared to ₹2,096.1 crore in the prior period.

**Strategic Initiatives and Growth Drivers:** The acquisition of KRSV Innovative Auto Solutions, referred to as "Koovers," for ₹1,424 crore is anticipated to enhance Schaeffler’s aftermarket service capabilities via its e-commerce platform, positioning it well in a growing segment.

**Business Developments:** Following the acquisition of Koovers, Schaeffler aims to strengthen its footprint in the automotive aftermarket, leveraging synergies and enhancing distribution networks.

**Market Position and Competitive Advantage:** The strong revenue growth is indicative of Schaeffler's solid market position, especially in automotive components. The strategic acquisition reflects a commitment to expand its offerings and adapt to digital trends in the aftermarket ecosystem.

**Investor Implications:** With a promising growth trajectory and strategic initiatives in place, Schaeffler India presents a positive outlook for shareholders, especially as it capitalizes on the evolving automotive aftermarket landscape.