Schaeffler India rallied 7.22% to Rs 3,517.45 after the company reported a 16.58% jump in standalone net profit to Rs 265.41 crore on 14.1% increase in revenue from operations to Rs 2,110.02 crore in Q1 CY25 over Q1 CY24.
Schaeffler is a Germany-based automotive company that manufactures and markets rolling element bearings for sectors including automotive and aerospace.