Z F Steering Gear (India) net profit declines 65.72% in the March 2013 quarter

Net profit of Z F Steering Gear (India) declined 65.72% to Rs 2.42 crore in the quarter ended March 2013 as against Rs 7.06 crore during the previous quarter ended March 2012. Sales declined 22.16% to Rs 77.73 crore in the quarter ended March 2013 as against Rs 99.86 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 44.86% to Rs 25.62 crore in the year ended March 2013 as against Rs 46.46 crore during the previous year ended March 2012. Sales declined 11.16% to Rs 312.89 crore in the year ended March 2013 as against Rs 352.21 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales77.7399.86 -22 312.89352.21 -11 OPM %20.4316.39 25 20.9220.04 4 PBDT21.7116.56 31 72.1474.56 -3 PBT16.7411.01 52 49.0057.68 -15 NP2.427.06 -66 25.6246.46 -45

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