Schaeffler India posts strong 2024 results, dividend hike

Schaeffler India announced robust financial results for the year 2024, marked by double-digit revenue growth across its business segments. Q4 revenue reached INR 20,823 million, a 12.2% increase year-over-year, while full-year revenue hit INR 80,763 million. The company's EBITDA margin stood strong at 18.8% for Q4 and 18.5% for the full year. Profit after tax (PAT) for Q4 was INR 2,493 million, resulting in a margin of 12.0%. Free cash flow generation remained positive. Based on the strong performance, the Board has recommended a dividend of INR 28 per equity share. The company noted sustained quality of earnings through cost management and is focused on continued growth and financial prudence in 2025.