Schaeffler India reported a 20.7 percent year-on-year increase in consolidated net profit to Rs 349.06 crore for Q3 CY2026, supported by strong revenue growth across its core operating divisions.
Consolidated revenue from operations for the quarter grew 27 percent year on year to Rs 3,089.42 crore compared with Rs 2,434.65 crore in the corresponding period of the previous year.
Total consolidated income, including other income of Rs 32.92 crore, reached Rs 3,122.34 crore against Rs 2,463.04 crore in Q3 2025.
Total consolidated expenses for the quarter expanded 28 percent to Rs 2,647.53 crore from Rs 2,067.56 crore in the year-ago period. Cost of materials consumed increased 35 percent to Rs 1,433.22 crore.
Statutory auditor review notes said that the consolidated financial results include the unreviewed performance of subsidiary KRSV Innovative Auto Solutions, which recorded total revenues of Rs 83.68 crore and a net loss after tax of Rs 19.57 crore during the quarter.
Segment-wise, revenue from mobility components and related solutions grew 26 percent to Rs 2,429.34 crore from Rs 1,933.04 crore. Within this segment, Automotive Technologies generated revenue of Rs 1,102.87 crore, up 35 percent. Vehicle Lifetime Solutions recorded revenue of Rs 423.84 crore, while Bearings & Industrial Solutions generated revenue of Rs 1,038.53 crore.
On a standalone basis, Schaeffler India reported revenue from operations of Rs 3,005.79 crore, up 27 percent from Rs 2,360.14 crore in Q3 CY2025. Standalone total expenses rose to Rs 2,545.13 crore from Rs 1,977.92 crore. Standalone net profit for the quarter rose 21 percent to Rs 370.38 crore against Rs 306.65 crore.
In a separate regulatory disclosure, parent entity Schaeffler AG announced that its promoter group is evaluating selling a minor portion of its 74.13 percent equity stake in Schaeffler India, while retaining at least two-thirds of the shares to remain as the controlling shareholder.