Categories Automobile, Earnings

ZF Commercial Vehicle Control System India Ltd Q4FY23 results out, revenue grows by 25%

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

  • ZF Commercial Vehicle Control System India Ltd reported Total revenue for Q4 FY23 of ₹977 Crore, up from ₹782 Crore year on year depicting a growth of 25%.
  • Total Expenses for Q4 FY23 of ₹860 Crore up, from ₹714 Crore year on year, a growth of 20%. 
  • Consolidated Net Profit of ₹101 Crore, up 77% from ₹57 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹53.36, up 79% from ₹29.84 in the same quarter of the previous year.

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