Wed Apr 30 09:20:00 UTC 2025: **Schaeffler India Shares Surge on Stellar Q1 Results**
MUMBAI, INDIA – Schaeffler India’s share price jumped as much as 7% on Wednesday following the release of its strong first-quarter results. The company reported a 14.5% increase in net profit to ₹251.6 crore (approximately $30.6 million USD), compared to ₹219.7 crore in the same period last year. Revenue also saw significant growth, rising 16% to ₹2,174.4 crore (approximately $264 million USD).
This positive performance was driven by a combination of factors, including a 12.7% increase in domestic operations and a substantial 23.2% growth in exports. The bearings and industrial solutions segment contributed the most to revenue (40%), followed by automotive technologies (33%). EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 19% to ₹392.9 crore, with the EBITDA margin improving to 18.2% from 17.6% year-on-year.
Managing Director and CEO Harsha Kadam attributed the success to the company’s continued positive momentum, marking the fourth consecutive quarter of double-digit year-on-year growth. He highlighted the improvement in the quality of earnings and the achievement of financial and operating targets.
Schaeffler India focuses on cutting-edge technologies for electric mobility, low-CO2 emission drives, and renewable energy sources. The company’s strong performance has led to a significant increase in its share price, which was trading at ₹3,547 apiece on the National Stock Exchange (NSE) at 9:50 am on April 30th. The stock has also seen over 6.21% growth in the past five trading sessions.
*Disclaimer: This news article is for informational purposes only and does not constitute investment advice.*
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