Schaeffler India Limited has reported a strong financial performance for the second quarter and first half of 2026, driven by sustained double-digit growth across its Automotive Technologies, Vehicle Lifetime Solutions, and Intercompany Exports businesses.
The company’s Board of Directors approved the financial results for the quarter and half year ended June 30, 2026, highlighting robust revenue growth despite a challenging macroeconomic environment and continued geopolitical cost pressures.
For the second quarter (April–June 2026), Schaeffler India recorded revenue from operations of INR 26,814 million, marking a 17.5% year-on-year increase over the corresponding quarter of 2025 and a 7.0% sequential growth compared to the previous quarter.
Profit before tax (PBT), before exceptional items, stood at INR 4,525 million, up 13.7% year-on-year. The company’s PBT margin was 16.9%, compared with 17.4% in the corresponding quarter of the previous year and 17.0% in the preceding quarter. Net profit for the quarter reached INR 3,367 million, with a net profit margin of 12.6%.
For the first six months of 2026 (January–June), Schaeffler India reported revenue from operations of INR 51,884 million, representing an 18.1% increase over the corresponding period in 2025.
PBT (before exceptional items) for the six-month period increased 16.5% to INR 8,782 million, while the PBT margin stood at 16.9%, marginally lower than 17.2% recorded during the same period last year. Net profit for the half year reached INR 6,564 million, with a net profit margin of 12.7%, compared to 12.8% in the corresponding period of 2025.
Commenting on the performance, Harsha Kadam, Managing Director and Chief Executive Officer, Schaeffler India Limited, said the company maintained a strong growth trajectory despite challenging market conditions.
“Schaeffler India registered a strong growth of 18.1% for the first half of the year. Our Automotive Technologies, Vehicle Lifetime Solutions and Intercompany Exports business continued the double-digit growth trajectory. Even for the quarter, despite a challenging market, we recorded a 7% QoQ growth. Quality of earnings was marginally impacted due to cost pressures arising from geopolitical developments. Overall, we delivered consistent financial performance amid volatility in a dynamic macro-economic landscape and remain committed to maintaining the momentum for the remainder of the year,” he said.
Schaeffler India, a leading motion technology company with over 60 years of presence in the country, operates five manufacturing plants in Pune, Savli, Maneja, Hosur and Shoolagiri, supported by three R&D centres, five sales offices, and an extensive automotive and industrial aftermarket network. Backed by more than 3,800 employees, the company offers a broad portfolio of motion technology solutions spanning bearings, linear guidance systems, repair services, condition monitoring, electric mobility, CO₂-efficient drives, chassis technologies, and renewable energy applications.
Globally, the Schaeffler Group has been advancing motion technology for over 80 years and operates more than 250 locations across 55 countries with a workforce of around 110,000 employees.
Report Source: Schaeffler India
