Z F Steering Gear (India) net profit rises 294.21% in the March 2014 quarter

Sales rise 4.54% to Rs 81.26 crore

Net profit of Z F Steering Gear (India) rose 294.21% to Rs 9.54 crore in the quarter ended March 2014 as against Rs 2.42 crore during the previous quarter ended March 2013. Sales rose 4.54% to Rs 81.26 crore in the quarter ended March 2014 as against Rs 77.73 crore during the previous quarter ended March 2013.

For the full year,net profit declined 44.96% to Rs 14.10 crore in the year ended March 2014 as against Rs 25.62 crore during the previous year ended March 2013. Sales declined 6.96% to Rs 291.10 crore in the year ended March 2014 as against Rs 312.89 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales81.2677.73 5 291.10312.89 -7 OPM %21.3320.42 -20.8320.92 - PBDT18.1121.70 -17 65.9172.14 -9 PBT12.5316.73 -25 44.8749.00 -8 NP9.542.42 294 14.1025.62 -45

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