Schaeffler India Share Price in Focus; Reports 12.2% YoY Growth in Q4 2024 Revenue

Schaeffler India Limited has announced its financial results for the fourth quarter and full year ended December 31, 2024.

On February 28, 2025, Schaeffler share price opened at ₹3,086.30, up from its previous close of ₹3,076.95. At 9:30 AM, the share price of Schaeffler India was trading at ₹3,116.80, up by 1.30% on the NSE.

October – December 2024 (Fourth Quarter) Financial Highlights

For Q4 2024, the company reported a 12.2% year-on-year increase in revenue from operations, reaching ₹20,823 million, which was also 0.5% higher than Q3 2024. Profit before tax (PBT) stood at ₹3,387 million, reflecting a 12.7% increase from the same period last year. The PBT margin improved slightly to 16.3%, while the net profit for the quarter was ₹2,493 million, with a net profit margin of 12.0%.

January – December 2024 (Twelve Months) Financial Highlights

For the full year 2024, Schaeffler India recorded revenue from operations of ₹80,763 million, marking an 11.8% growth compared to 2023. The net profit for the year stood at ₹9,777 million, with a net profit margin of 12.1%, slightly lower than 12.6% in 2023.

Management Commentary 

Commenting on the results, the Managing Director and Chief Executive Officer, Mr Harsha Kadam, said, “I am pleased to share that we sustained double-digit YoY growth momentum consecutively for the third quarter, resulting also in a double digit growth of our annual performance. This was aided by our focus on new business wins and excellence in quality and delivery. We remained resilient despite a challenging market environment. Our focus on prudent financial management over the year will continue as we navigate the external headwinds entering 2025. Our consistent approach for dividend payments reiterates our commitment to providing sustainable, long-term value to our shareholders.”

Conclusion

These results reflect Schaeffler India’s operational efficiency and market demand. Despite slight margin contractions on an annual basis, the company showcased a consistent revenue growth.

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