Schaeffler India announced that the Board of Directors approved the results for the second quarter and half year, ended June30, 2020.
April – June 2020 (Second quarter)
•        Total revenue from operations (net) for the quarter was INR 4,389 million, lower by 52.7% than the preceding quarter and 60.7% lower than the corresponding quarter of 2019.
PBT (before exceptional items) for the quarter was INR -567 million.
January – June 2020 (Half year)
•        Total revenue from operations (net) for the six months period was INR 13,674 million, lower by 40.3% than the corresponding period of 2019.
PBT (before exceptional items) for the period was INR 534 million.
