Schaeffler India Limited CC-Sep23.pdf · 2023-10-27
Thank you for giving me the opportunity. Just on the auto r eplacement side, I wanted to understand that on a Q-o-Q basis, we have seen a decline in revenues despite the acquisition of Koovers. So, is this a seasonal thing where we see a dip in 3Q over 2Q or are there any challenges in the automotive replacement market, which we are facing recently?
Yes. I meant that despite merger of Koovers, the revenues were down. So, there should have been a positive impact because of Koovers financials as well. But yes, I understood that it is a seasonal phenomenon.