Schaeffler India Limited announced that its Board of Directors has approved the financial results for the first quarter ended March 31, 2026, reporting strong year-on-year growth despite a challenging operating environment. For the quarter January–March 2026 (Q1 FY26), the company recorded revenue from operations (net) of INR 25,070 million, reflecting an increase of 18.8% compared to the same period last year. On a sequential basis, revenue declined by 5.1% compared to the preceding quarter (Q4 FY25).
Profit before tax (before exceptional items) stood at INR 4,257 million, marking a growth of 19.7% over the corresponding quarter of the previous year. The PBT margin for the quarter was 17.0%, slightly higher than 16.9% reported in both the corresponding quarter of 2025 and the immediately preceding quarter. Net profit for the quarter was reported at INR 3,197 million, with a net profit margin of 12.8%.
Commenting on the company’s performance, Managing Director and Chief Executive Officer Harsha Kadam highlighted the continued growth momentum across all business segments. He noted that Automotive Technologies, Vehicle Lifetime Solutions, and the export business delivered strong double-digit growth, supported by key business wins in focus areas. He further emphasized that the company maintained earnings quality despite supply chain disruptions and inflationary pressures, attributing this resilience to a strategic emphasis on localization and efficient capital deployment. The company remains focused on achieving its financial and operational goals while leveraging emerging market opportunities.
Globally, the Schaeffler Group has built a legacy of over 75 years in advancing motion technology through continuous innovation. The group offers a broad portfolio of solutions spanning electric mobility, energy-efficient drive systems, chassis technologies, and renewable energy applications. With approximately 120,000 employees and operations across more than 250 locations in 55 countries, it is recognized among the largest family-owned industrial companies and a leader in innovation.
In India, Schaeffler has established a strong presence with manufacturing facilities in Pune, Savli, Maneja, and Hosur, supported by three research and development centers and a widespread sales and service network. With over six decades of operations and a workforce exceeding 3,000 employees, the company continues to deliver advanced engineering solutions across automotive and industrial segments.
