Schaeffler India Announces Financial Results for Half-Year; Appoints Amit Dinesh Bhalerao as Chief Operating Officer
Schaeffler India Limited has announced its unaudited financial results for the quarter and half year ended June 30, 2026. The company also confirmed the appointment of Mr. Amit Dinesh Bhalerao to a senior executive position following the board meeting held on July 22, 2026.The Board of Directors approved the unaudited financial results for both the standalone and consolidated entities for the half year ending June 30, 2026.
Key Personnel Appointment
Mr. Amit Dinesh Bhalerao has been appointed as Chief Operating Officer and Senior Management Personnel (member of the Executive Leadership Team) of Schaeffler India Limited. The appointment is effective from August 10, 2026.The company described Mr. Bhalerao's profile as a seasoned manufacturing and operations leader with over 23 years of global experience in operational excellence, lean transformation, supply chain integration, P&L management, and large-scale business turnaround initiatives across India, Europe, China, and the United States.
Consolidated Financial Performance Highlights
The consolidated financial results reflect a total income of 27,972.6 million for the quarter ending June 30, 2026, with a year-to-date total income of 54,252.2 million for the period January 1, 2026, to June 30, 2026.The group generated a profit before tax of 4,432.2 million for the quarter. Total expenses amounted to 23,540.4 million, resulting in a net profit for the period of 3,257.8 million (after tax). Total comprehensive income stood at 3,262.1 million.
A snapshot of the consolidated unaudited financial results for the quarter and half year ended June 30, 2026 is provided below:
| Particulars | Jun 30, 2026 (Unaudited) | Mar 31, 2026 (Unaudited) | Jun 30, 2025 (Unaudited) |
|---|---|---|---|
| Total Income | 27,972.6 million | 26,279.6 million | 23,956.2 million |
| Total Expenses | 23,540.4 million | 21,989.6 million | 20,042.7 million |
| Profit before Tax | 4,432.2 million | 4,290.0 million | 3,913.5 million |
| Net Profit for the Period | 3,257.8 million | 3,160.7 million | 2,871.1 million |
| Total Assets | 85,121.4 million | 85,681.1 million | 73,090.9 million |
| Total Equity and Liabilities | 85,121.4 million | N/A | 82,126.8 million |
Segmental Performance Review
Schaeffler India reported segment information across two segments: Mobility components and related solutions, and Others.Revenue from Operations:
The 'Mobility components and related solutions' segment recorded 27,605.5 million in revenue for the quarter ending June 30, 2026. This includes Automotive Technologies (9,402.8 million), Vehicle Lifetime Solutions (4,126.0 million), Bearings & Industrial Solutions (9,429.1 million), and Intercompany Exports & Others 1) (4,647.6 million). The 'Others' segment reported 5,803.0 million in revenue for the quarter. Total Revenue from Operations across both segments stood at 27,605.5 million.
Segment Results:
For the reporting quarter, the total profit before tax stood at 4,432.2 million, with the 'Mobility components and related solutions' segment contributing 4,432.2 million in Profit Before Tax, and the 'Others' segment contributing 1,223.4 million.
The segment assets for Mobility components and related solutions amounted to 85,121.4 million, with Total Assets standing at 85,121.4 million. Segment liabilities totaled 23,648.4 million, resulting in a Net Capital Employed of 61,473.0 million for the Mobility components segment.
SCHAEFFLER Stock Price Movement
On Wednesday, Schaeffler India Limited shares edged higher to close at ₹4,199.2, gaining 0.58% in trading that day. The equity saw 62,994 shares traded as the stock closed out its session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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