Sales decline 12.63% to Rs 1036.47 crore
Net profit of Schaeffler India declined 21.09% to Rs 84.55 crore in the quarter ended December 2019 as against Rs 107.15 crore during the previous quarter ended December 2018. Sales declined 12.63% to Rs 1036.47 crore in the quarter ended December 2019 as against Rs 1186.29 crore during the previous quarter ended December 2018.For the full year,net profit declined 12.42% to Rs 367.64 crore in the year ended December 2019 as against Rs 419.80 crore during the previous year ended December 2018. Sales declined 4.40% to Rs 4360.63 crore in the year ended December 2019 as against Rs 4561.51 crore during the previous year ended December 2018.
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