Schaeffler India standalone net profit rises 67.50% in the December 2020 quarter

Sales rise 22.90% to Rs 1273.77 crore

Net profit of Schaeffler India rose 67.50% to Rs 141.62 crore in the quarter ended December 2020 as against Rs 84.55 crore during the previous quarter ended December 2019. Sales rose 22.90% to Rs 1273.77 crore in the quarter ended December 2020 as against Rs 1036.47 crore during the previous quarter ended December 2019.

For the full year,net profit declined 20.85% to Rs 290.97 crore in the year ended December 2020 as against Rs 367.64 crore during the previous year ended December 2019. Sales declined 13.73% to Rs 3761.84 crore in the year ended December 2020 as against Rs 4360.63 crore during the previous year ended December 2019.

ParticularsQuarter EndedYear EndedDec. 2020Dec. 2019% Var.Dec. 2020Dec. 2019% Var.Sales1273.771036.47 23 3761.844360.63 -14 OPM %17.9814.18 -14.2514.53 - PBDT242.11166.57 45 591.18693.33 -15 PBT191.03124.11 54 397.21534.62 -26 NP141.6284.55 67 290.97367.64 -21

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