ZF Commercial Vehicle Control System India Ltd Q2FY24; 51% rise in Profits

Operating under the ZF WABCO brand and part of ZF Group Commercial Vehicle Control Systems Division, WABCO INDIA Limited is India’s market leader for advanced braking systems, conventional braking products and related air assisted technologies and systems in India. It also provides software development and other services. Its headquarter is in Chennai, India

Financial Results:

ZF Commercial Vehicle Control System India Ltd reported Revenues for Q2FY24 of ₹981.00 Crores up from ₹793.00 Crore year on year, a rise of 23.71%.

Total Expenses for Q2FY24 of ₹865.00 Crores up from ₹714.00 Crores year on year, a rise of 21.15%.

Consolidated Net Profit of ₹104.00 Crores up 50.72% from ₹69.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹55.00, up 51.98% from ₹36.19 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.