New Delhi, April 30 -- Schaeffler India share price jumped as much as 7 per cent in Wednesday's trading session after the company, which follows calendar year, posted stellar performance in its first quarter results.

At 9:50 am, Schaeffler India share price was trading at Rs.3,547 apiece on National Stock Exchange (NSE), on April 30. The stock has grown over 6.21 per cent in past five trading sessions.

Schaeffler India's net profit increased by 14.5 per cent to Rs.251.6 crore in the first quarter, up from Rs.219.7 crore during the same period last year.

In the first quarter, the company's revenue rose by 16 per cent, reaching Rs.2,174.4 crore, up from Rs.1,873.1 crore in the same period last year.

Schaeffler India reported a 19 per ce...