SCHAEFFLER2024-01-012024-03-31 SCHAEFFLER2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SCHAEFFLER2024-03-31 SCHAEFFLER2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member SCHAEFFLER2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member SCHAEFFLER2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member SCHAEFFLER2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member SCHAEFFLER2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member SCHAEFFLER2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member SCHAEFFLER2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SCHAEFFLER2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SCHAEFFLER2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member SCHAEFFLER2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505790 SCHAEFFLER NOTLISTED Schaeffler India Limited Equity 2024-01-01 2024-12-31 2024-04-25 2024-04-12 INR Millions First quarter 15:30:00 18:15:00 2024-04-25 2024-04-25 Not applicable Multi segment 2024-01-01 2024-03-31 Unaudited Consolidated 18731300000.00 311400000.00 19042700000.00 8384300000.00 4667500000.00 -1411500000.00 1265700000.00 8400000.00 624600000.00 2526700000.00 16065700000.00 2977000000.00 0.00 2977000000.00 734400000.00 45400000.00 779800000.00 0.00 2197200000.00 0.00 0.00 0.00 0.00 2197200000.00 9100000.00 2206300000.00 0.00 0.00 0.00 0.00 312600000.00 2 14.10 14.10 0.00 0.00 14.10 14.10 0.00 0.00 0.00 1. The Schaeffler India Limited (the 'Holding Company') and its subsidiary are together referred to as 'the Group' in the following notes. The above consolidated financial results for the quarter year ended March 31, 2024 were reviewed by the Audit Committee at their meeting held on April 25, 2024 and approved by the Board of Directors at their meeting held on April 25, 2024. The statutory auditors have performed limited review on above consolidated financial result for the quarter ended March 31, 2024. 2. The figures for the preceding quarter ended December 31, 2023 are the balancing figures between audited figures in respect of the full financial year and the published year-to-date figures up to the third quarter of the respective financial year. Also the figures up to the end of the third quarter were only reviewed and not subjected to audit. 3. The Board of Directors of the Holding Company on August 28, 2023 had approved acquisition of 100% shares 12,04,758 of INR 10/- each of KRSV Innovative Auto Solutions Private Limited (in the following Koovers ) for a total purchase consideration of INR 1,424.0 million in 100% cash consideration. Schaeffler india Limited has completed the above acquisition by acquring 100% shareholding of Koovers on September 8, 2023 in cash consideration. Consquently, Koover's has became a subsidiary of the Company. The expenditure towards acquistion of Koovers mainly includes professional/consulting fees, stamp duties and other costs amounting to INR 47.0 million has been recognised has an exceptional items in above results. Koovers offers spare parts solution to Indian Automotive aftermarket workshops via B-to-B e-commerce platform. The acquistion is in line with Schaeffler India's strategic initiatives for growth and provides a synergy potential. It will be a key enabler for the aftermarket ecosystem, inculding distribution partner and help to play an important role in the fast growing and evolving aftermarket digital landscape. 4. The Group has prepared its consolidated financial results first time in the previous year upon acquiring 100% stake in KRSV Innovative Auto Solutions Private Limited on September 8, 2023 and accordingly the comparative numbers of March, 2023 quarters presented above are the same as the standalone result, and therefore, these numbers are not comparable. 5. The figures for the previous year/quarters have been regrouped/reclassified wherever necessary, to make them comparable. The impact of such reclassification/regrouping is not material to the consolidated financial results. Other expenses 2526700000.00 Mobility components and related solutions 14591100000.00 Others 4140200000.00 18731300000.00 0.00 18731300000.00 Mobility components and related solutions 1853300000.00 Others 820700000.00 2674000000.00 8400000.00 -311400000.00 1)As a result of the CODM's review mechanism, segment “Mobility components and related solutions” has been reorganized as below; Sub-segment Vehicle Lifetime Solutions is just renaming of erstwhile sub-segment Automotive Aftermarket Sub-segment Bearings & Industrial Solutions is combination of erstwhile sub-segment Industrial and reclassification of Bearings business division from Automotive Technologies Sub-segment Intercompany Exports & Others is just renaming of erstwhile sub-segment Export & Others. 2)Intercompany Export & Others mainly includes exports to group companies, scrap sales and other operating income 3)Property, plant and equipment (PPE) of the Company is predominantly used for ‘Mobility components and related solutions’ and hence has been disclosed as a segment asset under that reportable segment. 2977000000.00 Mobility components and related solutions 42182700000.00 Others 6010700000.00 48193400000.00 18320700000.00 66514100000.00 Mobility components and related solutions 11545100000.00 Others 2837400000.00 14382500000.00 1829400000.00 16211900000.00 -12100000.00 3000000.00