The Board of Directors of Schaeffler India Limited at its meeting held on July 22, 2026, approved the unaudited standalone and consolidated financial results for the quarter and half-year ended June 30, 2026, alongside announcing the appointment of Mr. Amit Dinesh Bhalerao as the Chief Operating Officer and Senior Management Personnel effective August 10, 2026. During the second quarter of 2026, the company recorded a standalone revenue from operations of Rs. 26,814.1 million, reflecting a quarter-on-quarter (QoQ) growth of 6.96% compared to Rs. 25,069.6 million in the quarter ended March 31, 2026, and a year-on-year (YoY) growth of 17.50% compared to Rs. 22,821.0 million in the corresponding quarter of the previous year. The net profit for the current quarter stood at Rs. 3,367.3 million, marking an increase of 5.32% QoQ from Rs. 3,197.1 million and an increase of 13.67% YoY from Rs. 2,962.3 million.

Schaeffler India Limited is a leading industrial and automotive supplier known for high-precision components and systems for engines, transmissions, and chassis applications, as well as rolling and plain bearing solutions. Throughout 2025, the company focused on expanding its local manufacturing capabilities, achieving significant localization milestones, and maintaining steady capital expenditure frameworks across its core business segments.