Z F Steering Gear (India) consolidated net profit declines 18.09% in the March 2024 quarter

Image
Last Updated : May 25 2024 | 2:17 PM IST

Sales decline 0.80% to Rs 124.13 crore

Net profit of Z F Steering Gear (India) declined 18.09% to Rs 8.24 crore in the quarter ended March 2024 as against Rs 10.06 crore during the previous quarter ended March 2023. Sales declined 0.80% to Rs 124.13 crore in the quarter ended March 2024 as against Rs 125.13 crore during the previous quarter ended March 2023.

For the full year,net profit rose 78.04% to Rs 43.69 crore in the year ended March 2024 as against Rs 24.54 crore during the previous year ended March 2023. Sales rose 6.08% to Rs 477.82 crore in the year ended March 2024 as against Rs 450.43 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales124.13125.13 -1 477.82450.43 6 OPM %8.5212.67 -10.9512.41 - PBDT19.1223.55 -19 85.5868.48 25 PBT9.7914.46 -32 51.8736.30 43 NP8.2410.06 -18 43.6924.54 78

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 25 2024 | 2:09 PM IST

Next Story