ZF Steering Gear (India) Q2 FY27 Results: Turns Profitable, Net Profit ₹11.7 Cr
ZF Steering Gear (India) Ltd reported revenue from operations of ₹184.5 Cr (+53.0% YoY) and net profit of ₹11.7 Cr for Q2 FY27.
- Key figure
- Net profit ₹11.7 Cr
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ZF Steering Gear (India) Ltd reported revenue from operations of ₹184.5 Cr (+53.0% YoY) and net profit of ₹11.7 Cr for Q2 FY27.
ZF Steering Gear India scheduled a board meeting on 3 November 2026 to approve September 2026 half-year results. The notice discloses no financial figures.
ZF Steering Gear (India) Ltd filed a certificate from its Registrar, MUFG Intime India, confirming compliance with Regulation 74(5) for the quarter ended September 30, 2026.
Promoter Dinesh Hirachand Munot acquired 6,487 shares via open market purchases for ₹0.43 Crore. This transaction increased his total shareholding by 0.08% to 22.07%.
DriveSys, ZF Steering Gear's subsidiary, commenced commercial production at its Electrical Division on September 7, 2026. The Ahilyanagar plant produces MCBs, RCBs and electrical coils.
The Delhi Income Tax Tribunal allowed ZF Steering Gear's deduction claims for a 10-year period (AY 1995-96 to 2004-05). The company is now eligible for tax refunds.
ZF Steering Gear's wholly-owned subsidiary, DriveSys Systems, acquired 25,882 sq. mtrs. of land adjacent to its existing project site for its Aluminium Project.