Z F Steering Gear (India) standalone net profit declines 5.83% in the March 2016 quarter

Sales rise 14.35% to Rs 109.09 crore

Net profit of Z F Steering Gear (India) declined 5.83% to Rs 12.93 crore in the quarter ended March 2016 as against Rs 13.73 crore during the previous quarter ended March 2015. Sales rose 14.35% to Rs 109.09 crore in the quarter ended March 2016 as against Rs 95.40 crore during the previous quarter ended March 2015.

For the full year,net profit rose 26.72% to Rs 45.06 crore in the year ended March 2016 as against Rs 35.56 crore during the previous year ended March 2015. Sales rose 15.39% to Rs 381.31 crore in the year ended March 2016 as against Rs 330.45 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales109.0995.40 14 381.31330.45 15 OPM %20.7320.80 -21.0418.18 - PBDT22.9121.93 4 83.0066.21 25 PBT16.2315.07 8 58.2642.76 36 NP12.9313.73 -6 45.0635.56 27

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