Schaeffler India announced that the Annual General Meeting (AGM) of the company will be held on 30 April 2019.

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Net profit of Schaeffler India rose 3.08% to Rs 107.15 crore in the quarter ended December 2018 as against Rs 103.95 crore during the previous quarter ended December 2017. Sales rose 16.07% to Rs 1186.29 crore in the quarter ended December 2018 as against Rs 1022.01 crore during the previous quarter ended December 2017.

For the full year,net profit rose 8.09% to Rs 419.80 crore in the year ended December 2018 as against Rs 388.39 crore during the previous year ended December 2017. Sales rose 15.98% to Rs 4561.51 crore in the year ended December 2018 as against Rs 3933.14 crore during the previous year ended December 2017.

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Schaeffler India announced that the Board of Directors of the Company at its meeting held on 13 February 2019, inter alia, have recommended the final dividend of Rs 20 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

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Schaeffler India announced that the Board of Directors of the Company at its meeting held on 13 December 2019, inter alia, have recommended the special dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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