Auto Parts & Equipment firm Schaeffler India declares Q4FY22 result: Growth momentum continues despite headwinds during the quarter Sustained focus on countermeasures and improved mix keeps margins resilient Total revenue from operations (net) for the quarter (Q1’22) was INR 15,675 million, 19.0% higher than the corresponding quarter of 2021 and 2.9% higher than preceding quarter (Q4’21) PBT (before exceptional items) for the quarter (Q1’22) was INR 2,772 million, 49.0% higher than the corresponding quarter of 2021 and 7.9% higher than the preceding quarter (Q4’21). PBT margin for the quarter stood at 17.7%, compared to 14.1% during the corresponding quarter of 2021 Net Profit for the quarter was INR 2,071 million and net profit margin stood at 13.2% Commenting on the results, Mr. Harsha Kadam, Managing Director, said, “Year 2022 started well for us, despite the headwinds from rising inflation and emerging geopolitical situation. Our balanced business portfolio with traction in our exports segment helped us continue the momentum. We delivered resilient margins despite the ongoing market challenges on the back of our sustained countermeasures and improved business mix. We are committed to deliver on our financial and operating metrics while creating long-term value for our stakeholders with an unaltered focus on doing business sustainably.“ Result PDF
Auto Parts & Equipment firm Schaeffler India declares Q3FY22 result: Robust performance across businesses despite headwinds during the quarter and the full year 5 for 1 stock split successfully completed Board recommends dividend at INR 16 per share, payout ratio of 40% October – December 2021 (Fourth Quarter) Total revenue from operations (net) for the quarter (Q4 CY2021) was INR 15,232 million, higher by 19.6% than the corresponding quarter of 2020 and 2.4% higher than preceding quarter (Q3 CY2021) PBT (before exceptional items) for the quarter (Q4 CY2021) was INR 2,569 million, 34.4% higher than the corresponding quarter of 2020 and 11.9% higher than the preceding quarter (Q3 CY2021). PBT margin for the quarter stood at 16.9%, compared to 15.0% during the corresponding quarter of 2020 Net Profit for the quarter was INR 1,906 million and net profit margin stood at 12.5% January – December 2021 (Twelve Month / Full Year) Total revenue from operations (net) for the year was INR 55,605 million, higher by 47.8% than the corresponding period of 2020 PBT (before exceptional items) for the year was INR 8,431 million, higher by 112.2% than the corresponding period of 2020 Net profit for the year was INR 6,291 million and net profit margin stood at 11.3% The Board of Directors of the Company has recommended a dividend for the year ended December 31, 2021 at the rate of INR 16 per equity share of face value INR 2 each (2020: INR 38.0 per equity share of face value INR 10 each) Commenting on the results, Mr. Harsha Kadam, Managing Director, said, “ We saw the growth momentum continuing in Q4 with improved earnings quality due to sustained growth across businesses and better sales mix. New projects realization in automotive business, sector focus in industrial business and deployed countermeasures enabled achieving the resultsfor the quarter. During the year, we demonstrated our agility and resilience despite headwinds in the form of supply chain disruptions and semiconductor shortages, while input cost pressure continues to remain a challenge. We are cautiously optimistic as we enter 2022, preparing for the upcoming challenges and opportunities. We wish to thank all our stakeholders for their confidence and continued support.“ Result PDF