Schaeffler’s net profits up 49 percent in Q1 CY22
The net profit for the quarter was Rs 207 crore, the company informed in a regulatory filing.
Autocar Professional Bureau
29 Apr 2022
The divestment is part of Varroc Engineering's strategy to align its resources with the high value and high growth primary markets in China, India, and the two-wheeler sector globally.
Read moreThe net profit for the quarter was Rs 207 crore, the company informed in a regulatory filing.
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The company achieved the milestone in 12 years since the first locally-produced ABS unit was introduced in 2010.
The company has received approval for production of some cutting-edge auto component products.
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