Z F Steering Gear (India) net profit declines 23.56% in the June 2014 quarter

Sales decline 2.53% to Rs 82.37 crore

Net profit of Z F Steering Gear (India) declined 23.56% to Rs 9.44 crore in the quarter ended June 2014 as against Rs 12.35 crore during the previous quarter ended June 2013. Sales declined 2.53% to Rs 82.37 crore in the quarter ended June 2014 as against Rs 84.51 crore during the previous quarter ended June 2013. ParticularsQuarter EndedJun. 2014Jun. 2013% Var.Sales82.3784.51 -3 OPM %18.7322.92 -PBDT16.2222.00 -26 PBT12.0717.23 -30 NP9.4412.35 -24

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