Schaeffler India standalone net profit rises 34.61% in the December 2021 quarter

Sales rise 19.58% to Rs 1523.22 crore

Net profit of Schaeffler India rose 34.61% to Rs 190.64 crore in the quarter ended December 2021 as against Rs 141.62 crore during the previous quarter ended December 2020. Sales rose 19.58% to Rs 1523.22 crore in the quarter ended December 2021 as against Rs 1273.77 crore during the previous quarter ended December 2020.

For the full year,net profit rose 116.21% to Rs 629.12 crore in the year ended December 2021 as against Rs 290.97 crore during the previous year ended December 2020. Sales rose 47.81% to Rs 5560.51 crore in the year ended December 2021 as against Rs 3761.84 crore during the previous year ended December 2020.

ParticularsQuarter EndedYear EndedDec. 2021Dec. 2020% Var.Dec. 2021Dec. 2020% Var.Sales1523.221273.77 20 5560.513761.84 48 OPM %18.8517.98 -17.4714.25 - PBDT308.05242.11 27 1040.25591.18 76 PBT256.88191.03 34 843.14397.21 112 NP190.64141.62 35 629.12290.97 116

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