Schaeffler India Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was INR 18,536 million compared to INR 17,564.3 million a year ago. Revenue was INR 18,844.7 million compared to INR 17,795.9 million a year ago. Net income was INR 2,327.6 million compared to INR 2,153.6 million a year ago. Basic earnings per share from continuing operations was INR 14.9 compared to INR 13.8 a year ago. Diluted earnings per share from continuing operations was INR 14.9 compared to INR 13.8 a year ago.
For the nine months, sales was INR 53,763.6 million compared to INR 50,727.7 million a year ago. Revenue was INR 54,707.1 million compared to INR 51,321.8 million a year ago. Net income was INR 6,894.1 million compared to INR 6,482.3 million a year ago. Basic earnings per share from continuing operations was INR 44.1 compared to INR 41.5 a year ago. Diluted earnings per share from continuing operations was INR 44.1 compared to INR 41.5 a year ago.