Z F Steering Gear (India) reports standalone net profit of Rs 5.39 crore in the March 2021 quarter

Sales rise 40.40% to Rs 85.39 crore

Net profit of Z F Steering Gear (India) reported to Rs 5.39 crore in the quarter ended March 2021 as against net loss of Rs 6.92 crore during the previous quarter ended March 2020. Sales rose 40.40% to Rs 85.39 crore in the quarter ended March 2021 as against Rs 60.82 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 8.85 crore in the year ended March 2021 as against net loss of Rs 0.28 crore during the previous year ended March 2020. Sales declined 29.69% to Rs 201.48 crore in the year ended March 2021 as against Rs 286.57 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales85.3960.82 40 201.48286.57 -30 OPM %14.051.63 -9.07-11.84 - PBDT16.152.58 526 44.35-31.39 LP PBT6.63-7.69 LP 6.76-63.86 LP NP5.39-6.92 LP 8.85-0.28 LP

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