Z F Steering Gear (India) standalone net profit declines 1.20% in the March 2018 quarter

Sales rise 5.60% to Rs 117.70 crore

Net profit of Z F Steering Gear (India) declined 1.20% to Rs 14.82 crore in the quarter ended March 2018 as against Rs 15.00 crore during the previous quarter ended March 2017. Sales rose 5.60% to Rs 117.70 crore in the quarter ended March 2018 as against Rs 111.46 crore during the previous quarter ended March 2017.

For the full year,net profit declined 5.33% to Rs 47.07 crore in the year ended March 2018 as against Rs 49.72 crore during the previous year ended March 2017. Sales rose 6.46% to Rs 424.56 crore in the year ended March 2018 as against Rs 398.81 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales117.70111.46 6 424.56398.81 6 OPM %20.9820.40 -20.3820.54 - PBDT24.4625.44 -4 94.6891.04 4 PBT15.7517.74 -11 61.3863.19 -3 NP14.8215.00 -1 47.0749.72 -5

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