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Discover how the firm is recovering across key industrial sectors.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2020\u002F0008CBA9_article_rwd_1000.jpg\" alt=\"\" width=\"336\" height=\"189\">Schaeffler India Ltd announced the results of its third quarter and nine months which ended on September 30, 2020. The third quarter (July-September 2020) results show total revenue from operations (net) for the quarter (Q3) as ₹11,207 million, higher by 155.3% than the preceding quarter and 8.3%higher than the corresponding quarter of 2019.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">Revenue from operations (Net) for the quarter, grew by 20.7% compared to Q1 2020 (pre lockdown period). PBT (before exceptional items) for the quarter (Q3) was ₹1,527 million, higher by 369.7% than the preceding quarter and 32.4% higher higher than the corresponding quarter of 2019. PBT (before exceptional items) for the quarter, grew by 38.7% compared to Q1 2020 (pre lockdown period). Net Profit margin for the quarter stood at 10.1%.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">For the months of January to September, 2020 total revenue from operations (net) for the nine months period was ₹24,881 million, lower by 25.2%  than the corresponding period of 2019. PBT for the period was ₹2,062 million. \u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">“We continue to witness green shoots of recovery, across various sectors as the economy starts to crawl back to normalcy. However, we are still not out of the woods. During the quarter, both our Automotive and Industrial segments have shown resounding performance, responding to strong demand from certain segments, especially the tractor, passenger vehicle, industrial distribution and wind sectors, ” said Harsha Kadam, Managing Director, Schaeffler India Ltd. \u003C\u002Fp>\r\n\r\n\u003Cp style=\"text-align: left;\">For more information: \u003Cstrong>www.schaeffler.co.in \u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2020\u002FuKNZPM2Oj2O7JGwBy9kC.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FOctober2020\u002FuKNZPM2Oj2O7JGwBy9kC.jpg","2020-10-30T06:26:55+05:30",0,"Schaeffler India reported Q3 revenue of ₹11,207 million, marking an 8.3% increase compared to the same period in 2019.\nProfit Before Tax (PBT) for the quarter rose by 32.4% year-on-year, reaching ₹1,527 million.\nStrong demand from the tractor, passenger vehicle, and wind energy sectors fueled the company's robust quarterly performance.","Schaeffler India has showcased significant resilience in its latest Q3 2020 financial results, reporting a 155.3% revenue jump over the preceding quarter. Managing Director Harsha Kadam highlighted a clear recovery trend, noting strong demand across automotive and industrial segments, particularly in the tractor and wind sectors. While the nine-month total revenue reflects the broader economic impact of 2020, the Q3 performance signals a positive shift toward normalcy for the manufacturing sector. These results underscore the critical importance of agility in the current industrial landscape. How is your organization navigating the post-lockdown recovery phase? Read the full report to understand the shifting dynamics of the Indian industrial market. #SchaefflerIndia #IndustrialManufacturing #EconomicRecovery","Schaeffler India reports a strong Q3 2020, with revenue climbing 8.3% YoY and profit surging by 32.4%. Recovery is underway in the automotive and industrial sectors as demand picks up. #SchaefflerIndia #ManufacturingGrowth","Big news from the manufacturing sector! 🏗️ Schaeffler India just dropped their Q3 results, and the numbers show a strong path to recovery. With an 8.3% increase in revenue compared to last year and a massive 32.4% jump in PBT, the company is proving its resilience. 📈 The boost was driven by high demand in the tractor, passenger vehicle, and wind sectors. It’s heartening to see these green shoots of recovery across the industry as things slowly return to normal. 🚀 Are you seeing a similar uptick in your sector? 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