Q3FY17 Results : ZF Steering (India)

Bhagyashree Vivarekar / 02 Feb 2017

Q3FY17 Results : ZF Steering (India)

The company’s PAT of Rs. 10.4 crore which represents a sequential QoQ increase of 14.29 per cent and a YoY increase of 8.33 per cent. 

ZF Steering Gear (India) Ltd. reported its standalone results for the quarter ended December 31, 2016 today. 

The company's sales for this quarter, Q3FY17, came in at Rs. 94.5 crore. This represents a 5.35 per cent sequential increase and 2.49 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 11.6 crore and the EBIT margin stood at 12.28 per cent.

The company’s PAT of Rs. 10.4 crore which represents a sequential QoQ increase of 14.29 per cent and a YoY increase of 8.33 per cent. 

ZF Steering Gear (India) Ltd. is an Indian company engaged in the business of Manufacturing and Supply of Integral Hydraulic Power & Mechanical Steering System. The company's Product Range includes Integral Hydraulic Power Steering Gears for (Heavy Commercial vehicles, Medium and Light Commercial Vehicles), Power steering gears for SUV and off road vehicles, Vane pumps ,Oil reservoirs, Steering columns, Drop arms, Bevel gear boxes Worm and roller mechanical Steering systems for Tractor, Mechanical Rack and Pinion Steering System for One Toner Passenger and Goods Carrier and many more.

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