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Schaeffler India announces Q2 and Half yearly results

Total revenue from operations (net) for the six months period was INR 13,674 million

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Schaeffler India, Financial results

Schaeffler India announced that the Board of Directors approved the results for the second quarter and half year, ended June30, 2020.

April – June 2020 (Second quarter)
•         Total revenue from operations (net) for the quarter was INR 4,389 million, lower by 52.7% than the preceding quarter and 60.7% lower than the corresponding quarter of 2019.
PBT (before exceptional items) for the quarter was INR -567 million.

January – June 2020 (Half year)
•         Total revenue from operations (net) for the six months period was INR 13,674 million, lower by 40.3% than the corresponding period of 2019.
PBT (before exceptional items) for the period was INR 534 million.

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