Z F Steering Gear (India) reports net loss of Rs 14.69 crore in the December 2013 quarter

Sales decline 14.10% to Rs 61.27 crore

Net loss of Z F Steering Gear (India) reported to Rs 14.69 crore in the quarter ended December 2013 as against net profit of Rs 5.44 crore during the previous quarter ended December 2012. Sales declined 14.10% to Rs 61.27 crore in the quarter ended December 2013 as against Rs 71.33 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales61.2771.33 -14 OPM %16.7018.31 -PBDT11.0112.83 -14 PBT5.576.66 -16 NP-14.695.44 PL

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