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Schaeffler India standalone net profit declines 21.09% in the December 2019 quarter

Capital Market 

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.

ParticularsQuarter EndedYear EndedDec. 2019Dec. 2018% Var.Dec. 2019Dec. 2018% Var.Sales1036.471186.29 -13 4360.634561.51 -4 OPM %14.1814.48 -14.5316.21 - PBDT166.57195.65 -15 693.33823.40 -16 PBT124.11156.85 -21 534.62674.90 -21 NP84.55107.15 -21 367.64419.80 -12

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 13 2020. 08:20 IST
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