Business Economy


Schaeffler India logs 13 pc rise in Q4 profit at Rs 237 crore

New Delhi, Feb 27 (UNI) Schaeffler India on Thursday reported 13% year-on-year rise in consolidated net profit to Rs 237.2 crore for the quarter ending December 31, 2024 (Q4).
The company had posted a profit of Rs 209.6 crore in the December quarter of 2023.
Schaeffler India follows January-December financial year as against April-March.
Schaeffler India's revenue from operations during the December quarter of 2024 stood at Rs 2,136 crore as against Rs 1,874.5 crore in the same period a year ago thus registering a year-on-year growth of 14%.
The company board has recommended a dividend of Rs 28 per share of face value of Rs 2 each for the year ending December 31, 2024.
"The dividend for the year ended December 31, 2024, if approved by the shareholders at the ensuing Annual General Meeting (AGM) shall be paid within 30 days from the date of AGM," the company said in a stock exchange filing.
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