ZF Commercial Vehicle Control Systems India (ZFCVINDIA) Q2 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2024 were reviewed and approved by the Board on 8 November 2024.

• The Board approved the re-appointment of Mr. P Kaniappan as Managing Director, subject to shareholder approval via postal ballot.

Financial highlights

• Standalone revenue from operations for Q2 FY25 was ₹90,670.11 lakhs, down from ₹98,082.75 lakhs in Q2 FY24; six-month revenue was ₹184,501.25 lakhs, down from ₹194,137.06 lakhs year-over-year.

• Standalone profit after tax for Q2 FY25 was ₹6,942.02 lakhs, compared to ₹9,921.48 lakhs in Q2 FY24; six-month profit after tax was ₹13,963.82 lakhs, down from ₹20,409.01 lakhs year-over-year.

• Consolidated revenue from operations for Q2 FY25 was ₹91,091.29 lakhs, down from ₹99,169.28 lakhs in Q2 FY24; six-month consolidated revenue was ₹185,667.12 lakhs, down from ₹195,850.00 lakhs year-over-year.

• Consolidated profit after tax for Q2 FY25 was ₹6,942.02 lakhs, compared to ₹9,943.17 lakhs in Q2 FY24; six-month consolidated profit after tax was ₹13,998.41 lakhs, down from ₹20,541.16 lakhs year-over-year.

• Basic and diluted EPS (standalone) for Q2 FY25 was ₹36.62, compared to ₹52.31 in Q2 FY24; for six months, EPS was ₹109.96, down from ₹107.60 year-over-year.

Outlook and guidance

• The company continues to operate in the automotive components and allied services segment, with no change in business focus.