03-Nov-2026 12:59:17
ZFSTEERINGGeneral news
ZF STEERING GEAR Q2 : CONS NET PROFIT TURNAROUND AT ₹11.74 CR (YOY), UP 2.8% (QOQ). STRONG (ON 1ST LOOK)
• Revenue up 53% at ₹184.49 Cr (YOY), up 29% (QOQ). • Ebitda up 128.5% at ₹30.46 Cr (YOY), up 8.3% (QOQ); margins 16.5% v 11.1% (YOY), 19.7% (QOQ). • Tax refund of ₹8.20 Cr plus applicable interest expected after Delhi Income Tax Tribunal order; not in Q2 P&L. • Impact: Turnaround in net profit with strong revenue and EBITDA growth; potential tax refund is upside not in Q2 P&L.
ZF Steering Gear India Ltd-$
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