Z F Steering Gear (India) standalone net profit declines 39.90% in the June 2017 quarter

Capital Market 

Sales decline 11.14% to Rs 96.00 crore

Net profit of (India) declined 39.90% to Rs 9.19 crore in the quarter ended June 2017 as against Rs 15.29 crore during the previous quarter ended June 2016. Sales declined 11.14% to Rs 96.00 crore in the quarter ended June 2017 as against Rs 108.04 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales96.00108.04 -11 OPM %19.2522.15 -PBDT20.0126.65 -25 PBT11.9420.19 -41 NP9.1915.29 -40

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