Schaeffler India announced its financial results for the third quarter and nine months ended September 30, 2026. The company reported a significant 27.4% increase in revenue from operations for the third quarter, reaching INR 30,058 million. Profit Before Tax (PBT) before exceptional items also saw a substantial rise of 20.4% year-on-year. The nine-month period also demonstrated robust growth across key financial metrics.
Schaeffler India Reports Strong Q3 Performance
Schaeffler India Limited has announced its financial results for the third quarter (Q3’26) and the nine-month period ended September 30, 2026. The company highlighted a strong growth momentum across its domestic and export businesses, driven by robust demand from the automotive sector and better-than-expected industrial output.
Third Quarter (July-September 2026) Financial Highlights
- Revenue from operations (net) for the quarter stood at INR 30,058 million, marking a significant increase of 27.4% compared to the corresponding quarter of 2025. Revenue was also 12.1% higher than the preceding quarter (Q2’26).
- PBT (before exceptional items) for Q3’26 was INR 4,970 million, a 20.4% increase over the same quarter in the previous year. The PBT margin was 16.5%, compared to 17.5% in Q3’25 and 16.9% in Q2’26.
- Net Profit for the quarter was INR 3,704 million, with a net profit margin of 12.3%.
Nine Months (January-September 2026) Performance
- Revenue from operations (net) for the nine-month period reached INR 81,942 million, showing a growth of 21.4% compared to the corresponding period in 2025.
- PBT (before exceptional items) for the nine months was INR 13,752 million, a rise of 17.9% year-on-year. The PBT margin for this period was 16.8%, down slightly from 17.3% in the prior year.
- Net profit for the nine months stood at INR 10,268 million, with a net profit margin of 12.5% compared to 12.9% in the corresponding period of 2025.
Management Commentary
Mr. Harsha Kadam, Managing Director and Chief Executive Officer, expressed satisfaction with the strong performance, attributing it to robust demand and industrial output. He noted that while earnings quality was marginally impacted by rising input costs and a weakening INR, mitigation measures helped manage the impact. The company remains focused on delivering value to stakeholders, backed by its order book and capex framework.
About Schaeffler India Limited
Schaeffler India Limited, part of the global Schaeffler Group, offers precision engineering solutions in motion technology. With a legacy of 80 years globally and over 60 years in India, the company provides innovative products and solutions for electric mobility, CO2-efficient drives, chassis solutions, and renewable energies. Schaeffler India operates five manufacturing plants, three R&D centers, and has a widespread network across India.
Source: BSE
