On the profitability front, EBITDA increased by 14.2% YoY to ₹370.2 crore from ₹324.1 crore in Q4FY23. However, the EBITDA margin remained flat at 17.3%, indicating that rising input costs were offset by operational efficiencies and better product mix.
Despite the strong financial performance, shares of Schaeffler India closed 1.45% lower at ₹3,076.30 on the BSE ahead of the earnings announcement.Also read: EPACK Durable eyes over 40% revenue growth in FY26 on strong air conditioner demand
In a positive move for shareholders, the company recommended a final dividend of ₹28 per equity share of face value ₹2 for the financial year ended December 31, 2024.
The dividend is subject to approval at the upcoming Annual General Meeting (AGM) and will be paid within 30 days from the date of the AGM.
Schaeffler India, a leading supplier of high-precision components and systems for industrial and automotive applications, continues to see healthy demand trends despite a challenging macroeconomic environment.
