The Board of Directors of ZF Steering Gear (India) Limited , inter alia, transacted following business at its meeting held today i.e. January 31, 2026: Unaudited Standalone and Consolidated ....
ZFSTEERING · price
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ZF Steering Gear (India) Limited's Board approved unaudited financial results for Q3 FY26 and 9M FY26 on January 31, 2026. Standalone revenue from operations grew to Rs. 140.49 Cr in Q3 (up ~20% YoY from Rs. 117.39 Cr) and Rs. 387.83 Cr for 9M (up ~9% YoY). Standalone net profit jumped sharply to Rs. 11.50 Cr in Q3 from Rs. 3.64 Cr last year, with 9M net profit at Rs. 27.59 Cr vs Rs. 24.07 Cr. On a consolidated basis, Q3 revenue rose to Rs. 143.23 Cr and net profit attributable to shareholders was Rs. 7.84 Cr versus a loss of Rs. 0.86 Cr in Q3 FY25. The company recorded a Rs. 0.64 Cr exceptional expense for incremental gratuity due to new Labour Codes notified in November 2025. Statutory auditor Joshi Apte & Co. issued an unmodified (clean) limited review opinion on both sets of results.
Strong quarter with sharp improvement in profitability, particularly on the standalone side where net profit nearly tripled YoY, suggests better operating leverage and cost management. Subsidiary losses remain a drag on consolidated earnings, but the overall trend is positive for shareholders.