Latest news with #SchaefflerIndia
Hans India
02-08-2025
- Automotive
- Hans India
Schaeffler India Launches the fourth edition of the Social Innovator Fellowship Program to empower Young Change-makers
As part of this prestigious fellowship, 10 innovators aged 18 to 35 will each receive a grant of INR 1.75 lakh and gain access to an intensive 24-week hybrid mentorship program at the renowned IIMA Ventures, designed to accelerate their ideas. The program will provide tools, guidance, and resources to scale their solutions and amplify their impact. Beyond funding and mentorship, selected applicants will also gain exclusive access to Schaeffler India's vibrant and dynamic innovation community, offering valuable opportunities for collaboration and growth through Schaeffler's network and ecosystem partners. The program invites applications from individuals, groups, institutions, and both for-profit and non-profit organizations across India who are addressing pressing challenges in Environmental sustainability, Renewable energy, Carbon neutrality, Circular economy, Natural resource management, and the application of technology in the social sector. Applicants must demonstrate a functioning prototype, a clear target market or audience, and a roadmap for scalability, sustainability, and commercial viability. Eligible participants, including individuals or groups, will undergo a rigorous screening process. A distinguished jury panel, comprising Schaeffler India leadership and India Accelerator experts, will evaluate applications through a multi-stage selection process, including telephonic and virtual interviews, as well as a final pitch presentation. Speaking about the program, Mr. Harsha Kadam, Managing Director & CEO, Schaeffler India, said: 'At Schaeffler India, we truly believe in innovation and development, and we have been investing in inclusive and sustainable programs. Through structured initiatives such as HOPE, we aim to empower and nurture visionary young innovators with a pioneering spirit who are developing technology-driven solutions for social sectors and environmental issues, making a meaningful difference through their unique approaches. Schaeffler aims to be both an enabler and catalyst in solving these issues, affirming its belief in innovation as a force for equitable progress'. Ms. Shibi Mathew, Head of HR and CSR, Schaeffler India, added: 'We are deeply committed to advancing the meaningful progress of our communities. We proudly announce the launch of the Schaeffler India Social Innovator Fellowship Program for 2025, with the primary aim of harnessing and supporting the pioneering spirit of young and passionate innovators across India. This program offers a remarkable opportunity for talented individuals to bring improvements to social and ecological issues through their innovative solutions. We eagerly await the participation of outstanding leaders who will demonstrate a strong commitment to developing transformative solutions, resulting in more resilient systems, empowered communities, and positively impacted lives.' Through its CSR initiative, HOPE, the company consistently explores new ways to empower communities. Through this initiative, Schaeffler India aims to identify and enhance the capabilities of these change-makers, driving positive transformations in society. Application Process: Eligible candidates can apply between July 30, 20 25, and August 30, 2025, by following these steps: 1. Click on 'Apply Now' on the program website. 2. Log in or register on Buddy4Study. page/schaeffler-india-social- innovator-fellowship-program- 2025 3. Fill in the application form and upload required documents: project video, ide a pitch deck (optional), Aadhaar card, and passport-sized photograph.
Time of India
01-08-2025
- Automotive
- Time of India
Schaeffler India expands industrial bearings portfolio with made-in-India solutions
Schaeffler India has expanded its industrial product range with the launch of large-size spherical roller bearings (SRBs), cast steel housings, and accessories manufactured at its Savli facility in Gujarat. The move strengthens the company's localisation efforts under the ' Make in India ' initiative, offering heavy-duty solutions for industries such as steel, cement, mining, power generation, and pulp and paper. The new SRBs, available in sizes up to 720 mm outer diameter across range, are built to Schaeffler's X-life quality standards. According to the company's statement, they offer higher load ratings, reduced friction, and longer service life. Schaeffler has also introduced cast steel housings, adapter and withdrawal sleeves, and hydraulic sleeves designed for strength and durability in extreme operating conditions. The housings also include advanced sealing systems, internal lubrication grooves, and provisions for vibration and temperature sensors as well as auto-lubricators, aimed at enhancing reliability and ease of maintenance. 'This launch reflects Schaeffler's commitment to Make in India and our continued focus on manufacturing excellence combined with local engineering and research capability,' said Seshan Iyer , President – Bearings and Industrial Solutions. The expanded portfolio positions Schaeffler as a single-window provider of motion solutions, covering bearings, housings, sealing systems, lubricants, and condition monitoring systems. These solutions are expected to support critical applications including conveyors, gearboxes, crushers, stacker reclaimers, and pulping systems.
Business Standard
28-07-2025
- Automotive
- Business Standard
Schaeffler India gains after decent Q2 outcome
Schaeffler India rose 1.08% to Rs 4074.10 after the company's standalone net profit increased 16.84% to Rs 296.23 crore, driven by a 10.14% rise in net sales to Rs 2,282.10 crore compared to Q2 June 2024. Compared to Q1 March 2025, standalone net profit grew 11.61%, while net sales rose 8.16% in Q2 June 2025. Profit before tax (PBT), excluding exceptional items, stood at Rs 398 crore for Q2 June 2025, reflecting a 17.1% increase over Q2 June 2024. The PBT margin improved to 17.4% from 16.4% in the corresponding quarter last year and 16.9% in Q1 March 2025. Standalone EBITDA was Rs 448.90 crore in Q2 June 2025, up 10.27% from Q1 March 2025 and 16.66% compared to Q2 June 2024. EBITDA margin rose to 19.7%, up from 19.3% in Q1 March 2025 and 18.6% in Q2 June 2024. Commenting on the results, Harsha Kadam, managing director and chief executive officer, said, "I am pleased to share that we registered QoQ as well as YoY higher revenue across all businesses and continued to sustain on our trajectory of registering double-digit growth for the fifth consecutive quarter. Quality of earnings continued to improve given efficiency measures and concentrated efforts on our strategic priority of localization. This coupled with improved financial and operating metrics resulted in a good H12025. We remain committed to delivering results and creating value for our stakeholders as we approach the remainder of the year." Schaeffler India provides precision engineering solutions, delivering high-precision components and systems for engine, transmission, and chassis applications, along with rolling and plain bearing solutions.
Business Upturn
28-07-2025
- Business
- Business Upturn
Schaeffler India shares jump 4% as Q1 Revenue rises 11.7% YoY to Rs 2,353 crore, net profit up 17%
By Aman Shukla Published on July 28, 2025, 09:42 IST Schaeffler India shares jumped more than 4% in morning trade on Monday, July 28, following the company's strong performance in the first quarter of FY26. The stock opened at ₹4,133 on the NSE, compared to its previous close of ₹4,033, and went on to hit an intraday high of ₹4,209.00. The stock's 52-week high is ₹4,374.90, while the low stands at ₹2,823. As of 9:38 AM, the shares were trading 4.33% higter at Rs 4,207.60. The rally comes after the company reported solid earnings for the April-June quarter. On a consolidated basis, Schaeffler India's revenue rose 11.7% year-on-year (YoY) to ₹2,353 crore, up from ₹2,107 crore in the same quarter last year. EBITDA came in at ₹430 crore, marking a 14.3% increase from ₹376 crore a year ago. EBITDA margin also improved slightly to 18.3% from 17.9%. Net profit for the quarter grew 17% YoY to ₹287 crore, compared to ₹245 crore in Q1 FY25, reflecting improved operational efficiency and demand strength. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
25-07-2025
- Automotive
- Business Standard
Schaeffler India consolidated net profit rises 16.97% in the June 2025 quarter
Sales rise 11.66% to Rs 2352.59 croreNet profit of Schaeffler India rose 16.97% to Rs 287.11 crore in the quarter ended June 2025 as against Rs 245.45 crore during the previous quarter ended June 2024. Sales rose 11.66% to Rs 2352.59 crore in the quarter ended June 2025 as against Rs 2106.84 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 12 OPM %18.2817.86 -PBDT472.07399.50 18 PBT391.35331.84 18 NP287.11245.45 17 Powered by Capital Market - Live News
