Leading industrial and automotive supplier, Schaeffler India Limited (BSE: 505790, NSE: SCHAEFFLER) has announced that the Board of Directors approved the results for the second quarter and half year, ended June 30, 2018.

April - June 2018

•           Total income (net) for the quarter increased to INR 5,437 million, higher by 14.5% than the corresponding quarter of 2017.

•           EBT for the quarter grew by 12.9% to INR 945 million compared to the corresponding quarter of 2017. EBT Margin for the quarter stood at 17.4%.

January - June 2018

•           Total income (net) for the 6-month period increased to INR 10,878 million, higher by 14.3% than the corresponding period of 2017.

•           EBT for HY18 grew by 13.4% to INR 1,927 million compared to the corresponding period of 2017. EBT margin for the said period stood at 17.7%.

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