Schaeffler India Q1 Results: Double-digit growth in profit, revenue; margins improve

The auto and industrial parts maker posted a net profit of ₹287 crore ($34.4 million) for the quarter ended June 30, up from ₹245 crore a year earlier. Revenue rose 11.7% to ₹2,352.5 crore, while EBITDA grew 14.2% to ₹429.3 crore. EBITDA margin improved to 18.25% from 17.8% a year ago.

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