Schaeffler India Limited — Updates, 27-02-2025: Press Release
Schaeffler India Limited reported strong financial results for its fourth quarter and the full year, showcasing consistent growth. For Q4 2024, revenue from operations reached INR 20,823 million, marking a 12.2% increase year-on-year and a slight 0.5% rise from Q3 2024. Profit Before Tax (PBT) before exceptional items was INR 3,387 million, translating to a PBT margin of 16.3%. The net profit for the quarter was INR 2,493 million.
For the full year, total revenue was INR 80,763 million, an 11.8% hike from 2023, while PBT for the year stood at INR 13,175 million with a margin of 16.3%. Net profit for the twelve-month period was INR 9,777 million.
Management emphasizes sustained double-digit growth and a commitment to prudent financial management amid challenging market conditions. A dividend of INR 28 per share has been proposed, indicating a continued focus on delivering value to shareholders. Investors should watch closely as Schaeffler navigates external challenges while leveraging its operational strengths.
