Schaeffler India’s first-half revenue up 18% as cost pressures nick margins

Schaeffler India, the listed motion-technology and auto-components maker, reported net revenue of INR 2,681 crore for the April-June quarter, up 17.5% year on year, with first-half revenue rising 18.1% to INR 5,188 crore, even as cost pressures it linked to geopolitical developments trimmed profitability.

The topline strength, led by automotive technologies, the vehicle-lifetime-solutions aftermarket and intercompany exports, tracks a broader recovery in auto-component demand. But the margin line is the tell: profit before tax margin, before exceptional items, eased to 16.9% for the half from 17.2% a year earlier, and net margin to 12.7% from 12.8%. The company attributed the pressure to cost increases tied to geopolitical developments, a reference to tariff-driven input costs.

Second-quarter net profit was INR 337 crore, a 12.6% net margin, with quarterly revenue up 7.0% sequentially. Half-year profit before tax and exceptional items was INR 878 crore, up 16.5%. Managing director and CEO Harsha Kadam said the company sustained double-digit growth across its main businesses despite a challenging market. Schaeffler follows a January-December financial year.

The squeeze is not Schaeffler’s alone. India’s listed bearings peers follow an April-March year and had not reported the June 2026 quarter at the time of writing, so no exact same-quarter comparison is yet available.