SCHAEFFLER2023-07-012023-09-30 SCHAEFFLER2023-07-012023-09-30 SCHAEFFLER2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member SCHAEFFLER2023-09-30 SCHAEFFLER2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SCHAEFFLER2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SCHAEFFLER2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member SCHAEFFLER2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505790 SCHAEFFLER NOTLISTED Schaeffler India Limited Equity 2023-01-01 2023-12-31 2023-10-27 2023-10-16 INR Millions Third quarter 11:15:00 13:45:00 2023-10-27 2023-10-27 Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Consolidated 18536000000.00 308700000.00 18844700000.00 7808500000.00 3983900000.00 -139600000.00 1150300000.00 16000000.00 562000000.00 2328900000.00 15710000000.00 3134700000.00 0.00 3134700000.00 816500000.00 -9400000.00 807100000.00 0.00 2327600000.00 0.00 0.00 0.00 0.00 2327600000.00 100000.00 2327700000.00 0.00 0.00 0.00 0.00 312600000.00 2 14.90 14.90 0.00 0.00 14.90 14.90 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 and nine months period ended September 30, 2023 were reviewed by the Audit Committee at their meeting held on October 27, 2023 and approved by the Board of Directors at their meeting held on October 27, 2023. The statutory auditors have performed limited review on above consolidated financial result for the quarter and nine months period ended September 30, 2023. 2. Consequent to the approvals received from the Board of Directors of the Holding Company at its meeting held on May 23, 2022, the company has entered into a business transfer agreement on June 29, 2022 with CATENSYS India Private Limited and has sold its Chain Drive business under Automotive Technologies segment by way of a slump sale on a going concern basis for a lumpsum consideration of INR 294.2 million. The gain on sale of business amounting to INR 149.8 million has been recognised as an exceptional item in the above results. 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 ( 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. 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 first consolidated financial results, considering that it has acquired 100% stake in KRSV Innovative Auto Solutions Private Limited in the current quarter. Accordingly, the comparative numbers presented above are the same as the standalone result, and therefore, these numbers are not comparable. 5. Figures of previous periods have been regrouped/rearranged where ever considered necessary Multi segment 2023-01-01 2023-09-30 Unaudited Consolidated 53763600000.00 943500000.00 54707100000.00 23408300000.00 11297000000.00 -1456000000.00 3473800000.00 32400000.00 1625800000.00 7069500000.00 45450800000.00 9256300000.00 0.00 9256300000.00 2399400000.00 -37200000.00 2362200000.00 0.00 6894100000.00 0.00 0.00 0.00 0.00 6894100000.00 -6400000.00 6887700000.00 0.00 0.00 0.00 0.00 312600000.00 2 44.10 44.10 0.00 0.00 44.10 44.10 0.00 0.00 0.00 Other expenses 2328900000.00 Other expenses 7069500000.00 (a) Mobility components and related solutions 14444700000.00 (b) Others 4091300000.00 (a) Mobility components and related solutions 42364700000.00 (b) Others 11398900000.00 18536000000.00 53763600000.00 0.00 0.00 18536000000.00 53763600000.00 (a) Mobility components and related solutions 1934400000.00 (b) Others 907600000.00 (a) Mobility components and related solutions 6001700000.00 (b) Others 2343500000.00 2842000000.00 8345200000.00 16000000.00 32400000.00 -308700000.00 1)Export & Others mainly includes exports to group companies, scrap sales and other operating income 2)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. -943500000.00 3134700000.00 9256300000.00 (a) Mobility components and related solutions 38479800000.00 (b) Others 5242600000.00 43722400000.00 17429800000.00 61152200000.00 (a) Mobility components and related solutions 10843900000.00 (b) Others 2551900000.00 13395800000.00 1773800000.00 15169600000.00 -100000.00 8600000.00 0.00 -2200000.00