Sales decline 11.89% to Rs 96.12 crore
Net profit of Z F Steering Gear (India) declined 11.21% to Rs 11.48 crore in the quarter ended March 2017 as against Rs 12.93 crore during the previous quarter ended March 2016. Sales declined 11.89% to Rs 96.12 crore in the quarter ended March 2017 as against Rs 109.09 crore during the previous quarter ended March 2016.For the full year,net profit declined 1.20% to Rs 44.52 crore in the year ended March 2017 as against Rs 45.06 crore during the previous year ended March 2016. Sales rose 2.26% to Rs 389.92 crore in the year ended March 2017 as against Rs 381.31 crore during the previous year ended March 2016.
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