Z F Steering Gear (India) Ltd's Q2FY18 standalone net profit rises 7.41% yoy to Rs.10.44 crore : Beats Estimates

India Infoline Research Team | November 14, 2017 19:55 IST

Z F Steering Gear (India) Ltd Q2FY18

Standalone Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
Revenue 109.90 9.7
EBITDA 24.11 37.7
EBITDA Margin (%) 21.9 446
Net Profit (adjusted) 10.44 7.4
***EBITDA margin change is bps


ZF Steering Gear (India) standalone revenue for the quarter came in at Rs. 109.9 crore, registering 9.7% yoy increase.

EBITDA for the quarter rose by 37.7% yoy to Rs. 24.11 crore with a corresponding margin expansion of 446 bps. EBITDA margin for the quarter stood at 21.9%.

The PAT for the quarter came in at Rs. 10.44 crore, yoy increase of 7.4%.



Technical View:

Z F Steering Gear (India) Ltd ended at Rs. 1,243.85, up by 32.45 points or 2.68% from its previous closing of Rs. 1,211.40 on the BSE.
The scrip opened at Rs. 1,207.40 and touched a high and low of Rs. 1,273.40 and Rs. 1,195.10 respectively. A total of 16,789(NSE+BSE) shares were traded on the counter. The stock traded below its 200 DMA.


***Note: This is a BSE Chart

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.