ZF Commercial Vehicle Control Systems India (ZFCVINDIA) Q1 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter ended 30 June 2024 were reviewed and approved by the Board on 22 July 2024.

• Statutory auditor's limited review reports for both standalone and consolidated results are unqualified, indicating no material misstatements.

• CEO and CFO certified that the financial results are free from false or misleading statements.

Financial highlights

• Standalone revenue from operations for Q1 FY25 was ₹93,831.14 lakhs, down from ₹96,054.31 lakhs in Q1 FY24.

• Standalone profit after tax for Q1 FY25 was ₹9,921.48 lakhs, compared to ₹9,975.93 lakhs in Q1 FY24.

• Consolidated revenue from operations for Q1 FY25 was ₹94,575.83 lakhs, compared to ₹96,680.72 lakhs in Q1 FY24.

• Consolidated profit after tax for Q1 FY25 was ₹9,943.17 lakhs, nearly flat versus ₹9,973.20 lakhs in Q1 FY24.

• Basic and diluted EPS (consolidated) for Q1 FY25 stood at ₹52.42, compared to ₹52.58 in Q1 FY24.

Outlook and guidance

• No forward-looking guidance or outlook was provided in the reviewed materials.