Z F Steering Gear Reports Mixed Financial Results Amid Rising Costs and Sales Growth in March 2025

Z F Steering Gear (India) has reported its financial results for the quarter ending March 2025, revealing a complex picture of performance within the auto components and equipment industry. The company's score has undergone an adjustment, reflecting the challenges faced during this period.
On a positive note, Z F Steering achieved its highest quarterly net sales in the last five quarters, reaching Rs 137.02 crore. This indicates a favorable near-term sales trend, suggesting some resilience in revenue generation.

However, several areas of concern have emerged. The operating profit to interest ratio has reached its lowest point at 6.08 times, indicating a decline in the company's ability to manage interest payments effectively. Additionally, profit before tax (PBT) has shown a significant downturn, recorded at Rs -0.34 crore, which is markedly lower than the average PBT of the previous four quarters. The profit after tax (PAT) also reflects a downward trend, reported at Rs 3.87 crore, falling short of the previous average.

Furthermore, interest expenses have surged to Rs 2.46 crore, marking a substantial increase, which points to rising borrowing costs. The company's reliance on non-operating income, which constitutes a significant portion of its PBT, raises questions about the sustainability of its business model.

Overall, Z F Steering's recent financial results highlight both achievements in sales and significant challenges in profitability and cost management.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.